TASI
4191 Fourth wave is about to finish Abo Moati (4191)
since December 22 till now Abo Moati begins a bullish move, moreover, on 29 March there was a change of character on daily timeframe.
Now, it is about to finish the fourth wave as an irregular flat (ABC).
TP is set as wave 5 target between 40-44
SL 30 in which wave 1 ends
One more bounceThere are good chances it may revisit the support area 10860 zone then we may see fresh buyers coming it to catch the bottom. Next strong area of resistance is 11400 zone if that is taken out then we may see new highs in TASI soon.
With oil prices climbing up Saudi Stocks will see good push and will attract more investor. If you want more updated on Saudi Market then hit LIKE & follow.
Tasi date of 16/10 is crucial for the current waveSupport and resistance levels are critical elements in guiding market trends, and in the TASI index, they play a vital role. The level of 10955 is considered primary and significant daily support, and closing below it represents a sensitive trading zone. On the other hand, 10522 is a major support level that requires careful monitoring, as it could potentially serve as a turning point for the price pattern if it successfully tests this resistance.
If the region around 10412 is breached and there's a weekly or monthly close below this level, it could signal that the market has entered a risky zone, potentially leading to further downward movement. Therefore, it's essential to closely monitor this level.
Finally, the date of 16/10 is crucial for the current wave, as it may bring significant developments to the market. It is advisable to ensure that this date is marked on the economic calendar and included in technical analysis to track important events that could impact financial markets.
Aramco stock (2222) in the Saudi TASI
With the latest update in Aramco's stock movement, it's important to focus on the key level of 34.3. The timing of its breakthrough is crucial, as it can potentially serve as a catalyst for breaking through the 36 regions. This formation suggests a strong incentive for an upward breakout.
The potential target for this upward movement is in the range of 40 Saudi Riyals. However, it's essential to remember that all investments come with risks, and market conditions can change rapidly. Therefore, it's advisable to monitor the stock closely and stay informed about any significant developments that may impact its performance.
As always, investing in the stock market carries inherent uncertainties, and the final outcome depends on various factors. Keep in mind that market dynamics can be unpredictable, and it's essential to make well-informed decisions based on thorough analysis and risk management.
🚀 Arabian Centers Company (4312) 🚀"🚀 Arabian Centers Company (4312): Bull Run Initiated on Smart Money Liquidity Breakout! 🌟💰"
Description:
In this TradingView idea, we spotlight Arabian Centers Company (4312), with a primary focus on the initiation of a bull run following a strategic liquidity breakout, all driven by the Smart Money concept. 📈🐂
Key Points:
1. **Smart Money Insight:** Dive into the world of smart money as we unveil the strategic maneuvers of institutional players in Arabian Centers Company (4312). Their actions reveal a potential bullish surge. 💡🏦
2. **Bullish Momentum:** Witness the market's transformation as Smart Money makes its move. The chart signals a promising bull run that traders and investors should closely monitor. 🚀📊
3. **Liquidity Breakout:** Without relying on traditional indicators, we analyze the importance of a liquidity breakout and how it's reshaping the landscape of Arabian Centers Company (4312). 💧💥
4. **Stay Tuned:** Keep an eye on key price levels and Smart Money's activity, which may provide valuable insights for your trading decisions. 🎯📊
5. **Risk Management:** Emphasize prudent risk management practices to navigate the market's inherent uncertainties during this exciting phase. ⚖️💼
6. **Trade Potential:** While we don't provide specific trade recommendations, we discuss potential trade scenarios based on Smart Money actions, inspiring traders to develop their unique strategies. 🤝💡
7. **Disclaimer:** Trading involves risks. It's essential to conduct thorough research and, if necessary, consult with a financial advisor before making any trading decisions. 🚫💼🔍
Stay tuned to this TradingView idea for insights into Arabian Centers Company (4312) and its evolving journey, guided by the Smart Money concept. 🌟💰📊
TASI"No liquidity sweep, no entry. Market structures can change at any time. Every candle contains liquidity. Price always requires liquidity. The direction of price movement is unpredictable. Hello traders, here is the analysis. If you find my analysis helpful, please hit the like button and consider following. Thank you.
Concept of Smart Money: Identify liquidity or become liquidity.
DISCLAIMER: This content does not constitute financial advice."
4005 NATIONAL MEDICAL CARE COMPANYNO LIQUDITY SWEAP NO ENTRY.
STRUCTURE IS CHANGING ANYTIME.
EVERY CANDLE HAS LIQUIDITY.
PRICE ALWAYS NEED LIQUIDITY.
Nobody Knows Where is Price Going.
Hey traders, here is the analysi.
If you guys like my analysis please hit like?? and follow.
Thanks.
SMART MONEY CONCEPT.
identify Liquidity Or Become Liquidity
DISCLAIMER- This is not financial advice.
8020 MALATH COOPRATIVE INSURANCENO LIQUDITY SWEAP NO ENTRY.
STRUCTURE IS CHANGING ANYTIME.
EVERY CANDLE HAS LIQUIDITY.
PRICE ALWAYS NEED LIQUIDITY.
Nobody Knows Where is Price Going.
Hey traders, here is the analysi.
If you guys like my analysis please hit like?? and follow.
Thanks.
SMART MONEY CONCEPT.
identify Liquidity Or Become Liquidity
DISCLAIMER- This is not financial advice.
TASIThe Saudi Stock Exchange has not gone up a real rise since the bottom of 2008, and throughout this period it is moving horizontally and faced a drainage area 4 times and could not break it, and it must return again to the demand area to collect and rise strongly and make a new peak equivalent to the rise that took place from the period 2000 to the period 2006
Please clarify that I am helping you with my point of view, which may be right or wrong, and see my previous analyzes of many currencies and forex in order to judge the owner of this analysis with a more accurate look
Good luck