1010 trade ideas
RIYAD BANK - Weekly Chart (TADAWUL)RIYAD BANK - Weekly Chart (TADAWUL)
Current Price: Around 30.60
Target Price: 42.90 (marked with a heart 💗 at the top)
Plan:
Price may first drop a little (towards 27–28 zone), then move up strongly toward the target (42.90).
Important Zones:
FVG: Areas where price may bounce or react.
OB (Order Block): A strong resistance zone.
Change in Status: A possible support area where the trend might change.
Overall Idea:
The chart shows a possible move down first, then a big upward move toward the 42.90 target.
1010 - Riyad Bank - Tadawul1010 has recently broken above a significant falling trendline on the weekly timeframe, signaling a potential trend reversal, price forming HH & HL on daily timeframe. buy at 28.15 which represents the HH on the weekly chart with the stop loss of 24.9 and Tp1 31.4, Tp2 35.1.
1010 RIYADH BANKEVERY CANDLE HAS LIQUIDITY.
PRICE ALWAYS NEED LIQUIDITY.
Nobody Knows Where is Price Going.
Hey traders, here is the analysi.
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DISCLAIMER- This is not financial advice.
SMART MONEY CONCEPT.
identify Liquidity Or Become Liquidity
1010: Analysis: two situationsAs you see on the chart we have two situations. We will have a big probability to have an uptrend if only if we have the breakout with force the resistance line by a big green candle with a large green volume. In other hand, we will have also a downtrend if only if we have the breakout with force the support line and the vwap indicator by a big red candle with a large red volume.Thanks!