Buy ideaAs you see on the chart we will have a big probability of an uptrend after the breakout with force the resistance line by a big green candle with a large green volume so at the next green candle we can buy. In other hand, if we have the breakout with force the support line and the vwap indicator by a big red candle with a large red volume it's mean that we will have a big probability of a downtrend.Thanks!
#qnbk qatar bank international ready to jump#qnbk qatar bank international after tocuhing monthly demand zone took action so its near wkly supply zone and all signs shows this demand will destroy
so wait for touch wkly new demand created or wait for daily new demand creation
wait for next move , so i will post another analyze
BLDN - Ready to break 2.00In BLDN daily chart, it shows wave 1, 3 and 5 are motive waves and they are subdivided into 5 smaller degree impulses labelled as (i), (ii), (iii), (iv), and (v). Wave 2 and 4 are corrective waves and they are subdivided into 3 smaller degree waves labelled as (a), (b), and (c). The 5 waves move in wave 1, 2, 3, 4, and 5 make up a larger degree motive wave (1).
Corrective waves subdivide into 3 smaller-degree waves, denoted as ABC. Corrective waves start with a five-wave counter-trend impulse (wave A), a retrace (wave B), and another impulse (wave C). The 3 waves A, B, and C make up a larger degree corrective wave (2).
BLDN need to break the resistance at 2.00 to enter the wave-3 formation. Get ready as wave three is usually the largest and most powerful wave in a trend.
Traders can thus use the information above to determine the point of entry and profit target when entering into a trade.
Regards - Sifuut Siduuut