XRP to buy confidently. Don't miss this entry !BINANCE:XRPUSDT has just finished its pullback to the 0.4 area where huge bullish pressure is located .Bulls gained much confidence thanks to the recent bullish impulsion and so the bulls were waiting for a good area to buy XRP cheaper .It is very likely to stay above the 0.4 area and hit the target .This trade is a very high probability trade (80-85% probability) . Moreover XRP is very unlikely to drop below 0.3-0.28 .The chance of it droping below the 0.3-0.28 area is close to zero that's why the Stop is set there .The targets are respectively : 0.58 / 0.73/0.98/1.2/1.36 and 1.96 .The last target being open . If any question I am willing to help . Thanks for your time and happy trading .
TASI
SACO 4008 ساكوafter long downtrend since July 2021 now we can confirm uptrend after crossing channel and to make more confirmation wait to close above 35 SAR. so have fun with trading in uptrend.
بعد مسار هابط تاريخي منذ شهر يوليو 2021 السهم يخترق القناة الهابطة على الاطار الشهري والأسبوعي كذلك. اتوقع حركة متازة للسهم والتحول لمسار صاعد. وللتأكيد انتظر تجاوز سعر 35 حتى يكون التداول آمن. بالتوفيق للجميع
4013: Sulaiman Al-Habib (Rising Wedge Breakout and Retest)Continuously in Uptrend within Ascending Wedge
Completing several triangle targets
Recently, Breakout of Rising Wedge Top (Trendline) and Retest observed
Hidden Bullish Divergences are observed on Daily and Hourly TF
Entry at CMP with specified SL (aggressive entry)
Wait for another green candle for entry (conservative entry)
Targets are specified, ride the trend with trailing SL.
2010: SABIC (Golden Pocket Retracement, HL Formation)Watch for 2010, Formation of HH (HL formation in progress)
Support from trendline (Falling Wedge Top)
Support from Golden Pocket
First Green candle on Heikin Ashi (HL formation in progress)
Expected rebounce from fib retracements (91.3, 90.1)
AB=CD Target
TASI how to trade the downtrend in TadawulSaudi stock market, also known as Tadawul, is the largest in the Middle East, and it has been in spotlight due to various economic reforms aimed at diversifying the country's economy and reducing its reliance on oil exports. The government's Vision 2030 plan includes initiatives to attract foreign investment, develop non-oil sectors, and privatize state-owned companies, which could contribute to the growth of the stock market.
Technical analysis:
- TASI has enjoyed a bull run to reach highs of 14,000 in May-22 from the Covid lows of 5,600 in Mar-20
- It is in downtrend since last 10 months and next support level is pre-Covid peak of May-19 at 9,386
- On daily timeframe, 200 DMA support is broken and price is headed downwards
- Volume is below average
- Negative directional movement
Strategy:
Price is trading in descending channel. Below strategies can be useful:
- Sell the top of channel
- Buy at the bottom of channel
- Buy if the price breakouts above the channel
Recommendation: SELL