Get started
Nahdi### Key Points of a Falling Wedge 1. **Bullish Reversal Pattern**: Indicates a potential reversal from a downtrend to an uptrend. 2. **Converging Trend Lines**: Two downward-sloping lines that converge, connecting lower highs and lower lows. 3. **Volume Decreases**: Typically declines during the formation of the wedge, showing weakening bearish momentum. 4. **Breakout Confirmation**: A valid breakout occurs when the price moves above the upper trend line, ideally with increased volume. 5. **Trade Strategy**: Enter at the breakout, place a stop-loss below the lowest point of the wedge, and set a target price by adding the wedge's height to the breakout point.
TADAWUL:4164Long
by B9A-88652-NisarAhmad
Nahdi### Key Points of a Falling Wedge 1. **Bullish Reversal Pattern**: Indicates a potential reversal from a downtrend to an uptrend. 2. **Converging Trend Lines**: Two downward-sloping lines that converge, connecting lower highs and lower lows. 3. **Volume Decreases**: Typically declines during the formation of the wedge, showing weakening bearish momentum. 4. **Breakout Confirmation**: A valid breakout occurs when the price moves above the upper trend line, ideally with increased volume. 5. **Trade Strategy**: Enter at the breakout, place a stop-loss below the lowest point of the wedge, and set a target price by adding the wedge's height to the breakout point.
TADAWUL:4164Long
by B9A-88652-NisarAhmad
DON'T BUY 7010I got asked too many times about 7010 if there's a possibility to buy it, as I recieved many messages from people who have bought in the wrong timing. As you can see on the chart, the structure of the market shows that it will keep pushing down toward the 34.90 level. which means there's no point of buying it currently and risk your money. Instead you can buy on the other markets in which you got good opportunities. For further questions, don't hesitate to ask!
TADAWUL:7010Short
by YassineAnalysis
ACWA Power CoA "gap-down" in finance refers to the situation where the price of a financial instrument opens significantly lower than its previous closing price. Like a gap-up, this can happen due to various factors such as negative news, disappointing earnings reports, or adverse market conditions, occurring outside of regular trading hours. For traders and investors, a gap-down presents challenges and opportunities similar to a gap-up but in the opposite direction. Long positions may face losses, while short positions might gain. However, just as with a gap-up, there's uncertainty about whether the downward momentum will persist or reverse. Traders often analyze the reasons behind the gap-down and consider factors such as trading volume, market sentiment, and technical indicators to make informed decisions about their positions. Risk management becomes crucial in such scenarios to mitigate potential losses.
TADAWUL:2082Long
by B9A-88652-NisarAhmad
1
SAUDI CHEMICAL COIn finance, a "gap up" refers to a scenario where the price of a financial instrument, such as a stock, commodity, or currency, opens significantly higher than its previous closing price. This often occurs due to positive news, earnings reports, or other market-moving events that occur outside of regular trading hours. For traders and investors, a gap up can present both opportunities and risks. Those who are long on the asset may see immediate gains, while short sellers might face losses. However, there's always the uncertainty of whether the upward momentum will sustain throughout the trading day or if it will reverse. It's important for traders to analyze the reasons behind the gap up and consider factors such as trading volume, market sentiment, and technical indicators to make informed decisions about whether to enter, exit, or hold their positions.
TADAWUL:2230Short
by B9A-88652-NisarAhmad