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 Basis
Bullish on Monthly TF
May Take Support around 216 - 217
However, Bearish Divergence on Weekly TF
weakens its Entry here
Those who Understand Technical Moves,
please note that, Initially 224 - 225 should
be Crossed & Sustained for Immediate Target
around 234 - 235
Stoploss should be 198 on Closing basis
Bullish Divergence on Weekly TF
If 36 - 36.50 is Sustained on Weekly Basis,
we may witness further Upside
Around 39.50 - 40 is the initial resistance
then Crossing & Sustaining 42 - 43, may lead
it towards 45 - 46 (Near Double Top)
There we would see if Bearish Divergences
will be formed, we will book our Profits
3090_Tabuk Cement_TadawulScript currently in non-trending zone and continuously bouncing back from the resistance levels.
we have plot important support and resistance levels for this script and provide TP and SL considering the support and resistance levels.
#DYOR_NFA (Do your own research as well) _Non-Financial Advice.
2222 | Bullish Divergence SetupSaudi Arabian Oil Company displays a promising bullish reversal pattern characterized by the formation of bullish divergence with RSI. Our plan entails accumulating the stock within the designated buy zone (29.50-30 range), while setting stop loss orders below the bottom of support around 28.50. To guide our trading decisions, we've delineated two distinct targets: an immediate target around 33 at the test of trend line and a final target for exiting the trade will be around 35 depending upon break out.