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SQEEZE ZONE IDENTIFIED - TOP RANGE BROKEN DOW- TADAWUL TASI 30MN#tadawul #TASI #squeeze #pullback #downtrend The red line identifies a probable zone of squeeze and pull back. If it is broken down, there is strong probability to see the price going down further. The blue up trending line and the two other blue horizontal line helps you to get the story for a day trader on the TASI. After a super squeeze, the market price went up and then ranged for a while before losing some power and going under the up trending blue line. Later on we observed the price ranging and going down strongly with a very significant move. Probability of people taking profits all together. I might not be done yet. The rend zone down there is probably a pivot point. Decisions are to take from there. Waiting for price movement and clear trend would be advantageous. For the moment we have probability to see the price going down further, ! checkpoint being traced by the red dotted line.
TADAWUL:TASIShort
by Diallo_Charts_Ideas
Ranges Identified - See Market Music - #TADAWUL - TASI - WEEKLY#tasi #tadawul #tadawulindex #tadawulcours #tadawulbourse #arabicstock #stock Do you like music? See how the chart is harmoniously playing. This #TASI is moving in #ranges, at one moment in one range then strong push to another one. The blue lines are the next possible #ranges. At the moment the price is at a very critical price. It can pullback to go down or break the resistance to go up. The orange line is a probable very very strong #support. The market is moving above it at the moment. We have more #probability to see the market going up, but as the market goes away from that line it can come back to it. It is acting like a possible @gravity #center #price line. Extra blue down trending line have been traced to show you what is the music of this market as those two lines are 100% paralleled. Do you see the same music?
TADAWUL:TASILong
by Diallo_Charts_Ideas