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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
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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
SAUDIA DAIRY AND FOODSTUFF COA "bullish Gartley" refers to a specific pattern that traders look for in financial markets, particularly in technical analysis, to potentially predict future price movements. It's named after its creator, H.M. Gartley, who introduced it in his book "Profits in the Stock Market" in 1935. The bullish Gartley pattern is a harmonic pattern that consists of four distinct price swings or legs. These legs are labeled XA, AB, BC, and CD. The pattern typically forms after a significant downtrend and indicates a potential reversal to the upside. Here's a breakdown of the legs of a bullish Gartley pattern: 1. XA: This is the initial leg of the pattern and represents the initial impulse move downward. 2. AB: After the XA leg, there is a retracement upward, forming the AB leg. This retracement should ideally reach a Fibonacci level of either 0.618 or 0.786 of the XA leg. 3. BC: Following the AB leg, there is another downward move forming the BC leg. This leg typically retraces 0.382 or 0.886 of the AB leg. 4. CD: Finally, the pattern completes with the CD leg, which is an extension of the BC leg. The CD leg should ideally reach the 1.272 or 1.618 Fibonacci extension of the BC leg. When the CD leg completes near the Fibonacci extension levels, it suggests that the pattern is complete and a bullish reversal may occur. Traders often look for additional confirmation signals such as candlestick patterns, volume analysis, or other technical indicators before entering a trade based on the bullish Gartley pattern. As with any technical analysis tool, it's important to remember that the bullish Gartley pattern is not foolproof and should be used in conjunction with other analysis methods and risk management strategies.
TADAWUL:2270Short
by B9A-88652-NisarAhmad
NAMA CHEMICALS CO.A "bullish butterfly" is a trading strategy used in the financial markets, particularly in options trading. It's a complex strategy that involves buying and selling multiple options contracts with the aim of profiting from a specific market outlook. In a bullish butterfly, the trader expects the price of the underlying asset to increase moderately. The strategy typically involves buying one call option with a lower strike price, selling two call options with a higher strike price, and buying another call option with an even higher strike price. The options all have the same expiration date. The payoff diagram of a bullish butterfly resembles the shape of a butterfly, with potential profit if the price of the underlying asset remains within a certain range upon expiration. The maximum profit is achieved if the price of the underlying asset is equal to the middle strike price at expiration, while the maximum loss is limited to the initial cost of setting up the strategy. Traders may use a bullish butterfly when they anticipate a moderate increase in the price of the underlying asset, but with limited risk exposure. However, it's important to note that options trading can be complex and involves significant risks, so traders should thoroughly understand the strategy before implementing it.
TADAWUL:2210Long
by B9A-88652-NisarAhmad
AYYAN INVESTMENT COThe term "bullish crab" typically refers to a specific pattern in financial trading, specifically in technical analysis. It's a harmonic pattern that traders use to predict potential reversals in the price of an asset. The bullish crab pattern is characterized by specific Fibonacci ratios between price swings. It consists of four price swings, with the second and third swings being retracements of the initial move. The key Fibonacci ratios involved are typically 38.2% and 88.6%. Traders look for this pattern because, if it forms after a downtrend, it suggests that the asset's price might be poised for a bullish reversal. However, like all technical analysis tools, it's not foolproof and should be used in conjunction with other indicators and risk management strategies.
TADAWUL:2140Long
by B9A-88652-NisarAhmad
1180 | Flag Pattern & Bullish DivergenceSaudi National Bank displays a promising bullish reversal pattern characterized by the formation of bullish flag pattern and divergence with RSI. Our plan entails accumulating the stock within the designated buy zone (37.50-37.70 range), while setting stop loss orders below the bottom of support around 36. Anticipation builds for a substantial surge in momentum upon the test of the trend line, anticipated around the 40.90 area. To guide our trading decisions, we've delineated two distinct targets: an immediate target around 40.90 and a final target for exiting the trade will be around 45.50 depending upon break out.
TADAWUL:1180Long
by mbaberhanif