8200: Bullish_Inv. H&S_HH, HL FormationContinuous HH, HL formation
Price is showing few chart patterns (Inv. H&S, Ascending parallel channel)
Continuously forming HH, HL
Daily timeframe shows breakout of parallel channel
A correction can be expected which will be allow entry at better price.
trade with proper risk management.
Don't forget SL
Uptrend Continuation...?Though it has Broken the Parallel
Channel but there is Bullish
Divergence on Hourly TF.
However, there is a Tweezer Top
Candle formation on Weekly TF.
So if 8.70 is Crossed, we may
aww the Trend Contiuation.
Good Support seems to be around 7.60 - 7.80
Immediate Resistance is around 8.70 - 8.90
Saudi electricity Sparks Bullish Momentum 📈 Saudi Electricity Sparks a Bullish Momentum! ⚡🚀🔞
Weekly Analysis
The Saudi Electricity stock has initiated a strong bullish momentum, creating a Fair Value Gap (FVG) on the weekly timeframe, along with a significant Market Structure Shift (MSS).
H4 Insight 🔍
Zooming into the H4 timeframe, the price is currently positioned just above the Breaker Block, even slightly touching it. This presents a promising scenario for a bullish continuation.
Bullish Outlook 🎯
I'm expecting a bullish run from here, targeting Buy Side Liquidity and the Equal Highs at 18.88. This move aligns with the structural and liquidity dynamics seen in the market.
What’s Next? 🚀
If the price respects the Breaker Block and maintains its bullish drive, this could lead to a significant rally toward the target, rewarding those aligned with the trend.
⚠️ Always trade responsibly and manage risk effectively.
ARAMCO to the moonto the moon Aramco from 24 riyal to 52 riyal
to the moon Aramco from 24 riyal to 52 riyal
to the moon Aramco from 24 riyal to 52 riyal
to the moon Aramco from 24 riyal to 52 riyal
to the moon Aramco from 24 riyal to 52 riyal
to the moon Aramco from 24 riyal to 52 riyal
to the moon Aramco from 24 riyal to 52 riyal
DON'T BUY 1150You can notice on the chart that the market been pushing downwards since the beginning of the year, in the chat groups people are saying that you can buy... But the chart is saying the opposite of what you see in the groups.
You can notice that it just broke a level that gave it a push towards the Price Gap we have at 25.85-25.50 to fill it then we'll see how the next move will be.
Please if you already have shares on 1150 sell them, and if you're welling to buy don't do it and check on the posts I have on my account for the stocks you can buy!
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BUY 2040Saw on a group people wondering if it's still time to buy on 2040 and I wanted to share with you this entry you still can take.
Wait for the market to come back to Fill the Gap and Grab the Liquidity at the same time so you can have a clean entry.
Entry at 33.60, Target at 37.20 and Stop at 31.80.
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2222 WILL MAKE A CORRECTION BEFORE GOING HIGHEROn 2222 as you can see on the chart, the market just filled the price gap we have in the levels 27.95-28.10 and now it will come lower for a liquidity grab. If you're welling to buy now please don't so you don't lose your money in the correction movement.
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NOT A GOOD TIME TO BUY 1120Dear Saudi Traders, been a while since I last posted on Saudi markets.
As usual I'll be posting on the stocks most of you are buying, on 1120 as you can see, the market reversed after pulling back on the 93.6 level, now it is heading towards the 86.8 level to grab the Liquidity and fill the gap to go higher.
For now don't buy on 1120!
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