1304: Yamama Steel (Series of HH, HL; Dow Theory)Series of HH, HL Price has just crossed recent resistance (short term) and touching another resistance level Buy above resistance, keep SL intact at the levels Trail your SL accordingly Manage your risk properlyLongby YASIRWA2
4015_Possible Trend reversal (Bullish setup)4015 **Bullish Points:** Price at significant support level (Volume profile) confluence with 78% fib level Bullish divergence is observed Small entry can be taken now (Aggressive) Further entry can be taken after descending channel breakout, or at next support level 118.6 (DCA strategy) **Bearish Points:** Price is moving in downtrend, series of LH/LL H&S pattern breakdown and retest of neckline Current stop loss is specified Trail stop loss if price goes up Place SL below 118 (DCA strategy) Longby YASIRWAUpdated 1
1111: Consolidation (Short term and Long Term Bullish Setup)1111 took an upside movement and is in consolidation recently Short term trade of 5 to 6% can be taken between SL and TP Long term trade shall be taken after breakout of consolidation Trade with proper risk management Trail SL to ride the trendLongby YASIRWA1
2100: Morning star, Inv. H&S (Potential Bullish Setup)Price is taking correction Inverted Head and Shoulder Pattern formation in process Take entry after Breakout of Neckline Morning Star formation at support line Entry after breakout and retest Trade with proper SLLongby YASIRWA0
2281: Potential Bullish Setup (Golden Pocket)Tanmiah earlier broke ATH and took correction Price is moving in descending channel, however, price has reached a significant support level golden pocket (fib level) confluence breakout will be bullish flag formation Morning star formation at support level is positive for bullish trend after correction Entry at current price or after breakout of channel (confirmation of HH and HL) SL below Morning previous HL Ride the trend with trailing SLLongby YASIRWA0
East Pipes: Trendline support; morning star (Bullish Setup)Price is moving in uptrend and recently take a correction Price started forming HH, HL again after taking support from golden pocket Trendline resistance breakout and retest is observed Morning star formation at Trendline support confluence a bullish potential Take entry with SL below 140 (aggressive), 131 (conservative) Trail SL and enjoy the rideLongby YASIRWA1
4263: Dow Theory (Bullish Setup)Bullish Points formation of HH, HL Breakout of trendline resistance and retest Reversal from fib level (golden pocket) Entry can be taken now SL is specified Trail SL and ride the trendLongby YASIRWA0
Aramco & dream of 60 Hy all, perhaps in the coming days I will stop posting for personal reasons so if you're going to miss me I'll be around for a while on the X app hehe anyway, today we have a dream with Aramco for a lot of time we were waiting for Aramco at higher prices so maybe this is our chance to go ahead and make the dream come true Longby luta_ksaUpdated 0
92.60 is a Hurdle for nowa Bullish Pin Bar at a Trendline Support is actually a Positive Sign favoring Bulls Double Bottom Formation is around 86 that seems less likely to hit due to the formation of a Morning Star on Daily Basis However, 92.60 is a Hurdle for now Entry can be taken at CMP or around 90 with a Stoploss of 85 (on Closing basis) Initial Target to be around 95 - 96 & then 99 - 100 by House-of-TechnicalsUpdated 111
BullishBullish on Weekly as well as Monthly TF Cup & Handle Formation Targets around 118by House-of-Technicals1
H&S pattern in play on Monthly TF Double bottom with Bullish Divergence on Monthly TF Also a Good Trendline Support making an ascending Triangle formation All these are Positive Triggers on Monthly TFby House-of-Technicals0
Morning Star Formation on Daily TF Double Bottom to be around 29.50 Weekly Support is around 28.70 - 29 that needs to be sustained (in worst case) Initially 30 should be Sustained Stance: May Take Risk with a Stoploss of 28.50 on Closing basisby House-of-Technicals0
Still Bearish but..Though Still Bearish but, Currently at Important Support level Bullish Divergence on Daily TF is also observed Stance: Not a Good Time to Book Loss! Infact average or New entry is Recommended with a Stoploss below 6 on Closing basisby House-of-Technicals2
4031THis Chart for study ICT and I still Learning, Maybe is it right and Maybe it is Wrong. Alsalam 3Alikum, I hope you are fine. This Highlighted many things and the major that is which High Liquidity and Resistance with old ORder Block 16 Apr .... THis Chart for study ICT and I still Learning, Maybe is it right and Maybe it is Wrong.Longby Back0hack0
1211 is making Good higher high and higher lowsSaudi Arabian Mining Co. (1211) is currently forming a pattern of higher highs and higher lows. It's presently positioned at a higher low, making it an opportune moment to enter the market at 51.8. There's potential to ride this trend until it reaches 57.Longby Choughle2
2223 | Saudi Aramco Base Oil CompanySaudi Aramco Base Oil Company is trading within a potential broadening wedge formation, with both the lower and upper ascending trendlines supporting the price. The immediate support zone represents an optimal buying area before the price advances towards the targeted 180 level. Short term approach can be consider initially around 152-153 and secondary approach around 165. The internal demand zone is identified around 143 as a favorable accumulation point. On the flip side, if the trend line breaks then more bearish momentum can be seen. Use stop loss below 140 to manage risk. Longby mbaberhanif1
Double Top pattern in Tanmiah (Tadawul 2281)Bearish reversal pattern in Tanmiah (Tadawul 2281) observed with a double top pattern visible favorible for shorting. Shortby wakqas120
Bearish on Shorter TFBearish on Shorter TF but making an Ascending Triangle Formation possible supports can be around 11.30 - 11.70 Stoploss should be 9.90 (on closing basis)by House-of-Technicals0
Arabian Drilling potential reversalthere is a potential reversal expected around these prices.. I am in :) for investors you may start collecting until 137.Longby majed_3330
Zamil Industrial Investment Co. (2240)ZAMIL shares have been reaching higher peaks, while the Commodity Channel Index indicator is showing diminishing highs, indicating a bearish divergence pattern on the weekly timeframe. This pattern suggests the beginning of a downward trend. Confirmation of this trend would occur if the price breaks below the support level of 23.70 SAR. Conversely, if the price manages to break and sustain above the resistance level of 28.50 SAR, the next resistance is expected around 32.10 SAR. It is advisable to consider taking a long position only after the breakout is confirmed, and to implement a stop-loss strategy to manage risk effectively.Shortby mbaberhanifUpdated 6
Making HH HL on Weekly TF Now should Cross 61 to continue this uptrend Next resistance would be then around 72 - 73 initially On the flip side, 53.50 - 54 may act as a Strong Support Entry can be taken with a Stoploss of 49 on Closing basisby House-of-Technicals1
Trade WiselyBearish Divergence on Daily TF but Bullish However, Bullish Engulfer is expected On Weekly basis if Closes above 111.50 Making HH HL on Daily TF 111 - 112 can be a Good Support area to take Risk if we can see few Bullish Candles at this level 100 can be the Stoploss level on Closing Basisby House-of-TechnicalsUpdated 0
Bearish Divergence on Monthly TFThough Bullish on All Time Frames, Bearish Divergence on Monthly TF + Double Bottom around 57 - 58 are favoring Bears However, Bullish Momentum will Only be Continued if 58 - 59 is Sustained by House-of-TechnicalsUpdated 2