2281: Watchout for New Entry2281
An important support of 140 is broken, however, it is still in golden pocket (138.6)
Watchout for support at Channel bottom (136.8)
Entry after green candle at support
Do proper risk management
2281 trade ideas
2281: Watchout for SupportPrice is moving within Ascending Parallel Channel after breakout
Last corrective movement is after double top formation
Price is at POC (Volume Profile) which is another support level
if it breaks, price may fall to channel bottom
Watchout for entry after confirmation
2281: Watchout_Double Top Formation2281 is moving nicely in an ascending parallel channel taking support from a long-term trendline support continuously.
Price has shown breakout from parallel channel and has formed double top at a critical resistance of 140.
Bulls need to break the resistance of 140 to continue the bullish trend or wait for correction.
Tanmiah (2281): Trendline SupportTanmiah is again at the trendline support confluence with horizontal support line.
Entry levels with SL are specified with TPs.
Manage your risk accordingly.
TANMIAH: Trendline Support_BullishTanmiah is respecting a trendline support
A recent resistance (horizontal line) is broken and converted into support. A retest at new support line is observed.
Aggressive and conservative entry levels with SL are specified with TPs.
Manage your risk accordingly.
2281: At Support Level or Cup & Handle (Watchout)2281 is forming a cup and handle pattern on daily timeframe.
Volumes are low
However, Price is at a significant support line confluence with volume POC
A trendline support is respected in the past.
If the support confluence is respected, price will go up and touch the TP levels of 123
However, if it breaks down then there is a long bearish rally.
Watch out to take positions.
2281: Tanmiah (Rebound after correction)Financial results show disappointment for the traders in Tanmiah
Cost has taken a correction (78.6% fib levels)
Price appear to be taken support from Volume Profile (POC)
Trade with specified SL (or even tighter SL)
TP levels are identified.
2281: TanmiahThe Bullish Butterfly is a complex options trading strategy that aims to profit from a moderate rise in the price of the underlying asset. It's constructed using four options contracts with the same expiration date but different strike prices.
Here's how it typically works:
1. **Buying**:
- Buy one call option with a lower strike price (closest to the current market price).
- Buy one call option with a higher strike price.
2. **Selling**:
- Sell two call options with a strike price between the two bought options.
The key is that the sold options finance the purchase of the two options. This strategy is called a "butterfly" because if you graph the strike prices and profit/loss, it resembles a butterfly with wings.
The maximum profit is achieved if the underlying asset closes at the middle strike price at expiration. Maximum loss occurs if the price moves significantly beyond the higher or lower strike prices. This strategy is for traders who anticipate a moderate increase in the underlying asset's price with limited risk.
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 SL
Double Top pattern in Tanmiah (Tadawul 2281)Bearish reversal pattern in Tanmiah (Tadawul 2281) observed with a double top pattern visible favorible for shorting.
Bullish Divergence is thereWeekly Resistance seems around 163 -165
Important Weekly Support lies around 135 - 136
& then 121 - 122
2281| TANMIAH FOOD COTANMIAH FOOD CO
Broke descending triangle
Bullish signal: Buy
Next targets: 135 > 150 > 170
Good luck!
TANMIYAH Expected to continue uptrend by breaking the first supply zone then to the weekly supply zone above.
2281: Watch for Breakout (Bullish)After major correction (series of LH, LL), 2281 has started formation of HH, HL (Bullish Trend).
Price is ranging in a descending parallel channel.
Breakout of parallel channel top, formation of another HH can be a profitable trade.
Ride with trailing stop loss.
QUICK ANALYSIS ON 2281Dear Saudi Traders and Investors, I'm sharing with you this analysis on 2281 since I got questions if it's time to buy it or no.
For now don't buy it until you get a confirmation of the pullback on the support level it just pulled back on to reach the level 0.5 of the Pitchfork.
Don't hesitate to ask in case you got any question!
2281Alsalam 3alikom, I hope you are Fine!
The graph highlights good things here, we had the FVG 4h in the Discount area which shows good price at 134 daily and good price above it weekly.
Good Luck :)
2281 TANMIAH Price is at the lower channel boarder
price tested 200MA and bounced again
expected to go up
Like, Support and share your thoughts
Trade wisely
2281 (Bullish Setup. AB=CD, C&H Formation)Price has taken support from important zone
Trednline, Horizontal Support confluence
Price is in Uptrend (Formation of HH, HL)
Completion of AB=CD targets
New formation of AB=CD in process
Cup & Handle formation is in process
SL and TPs are specified
Ride the trend with trailing SL
2281: TANMIAH (Trendline Breakout)Running in parallel channel (Hourly TF) after an uptrend.
Signs of accumulation
breakout from trendline is observed with good volume.
Short term trade with tight SL can be taken
Good long term potential above parallel channel top
2281: TANMIAH (Watch for Channel Breakout)Price is moving in parallel channel for a while (accumulation)
Bulls need to breakout for Long setup
Rising Wedge formation is in picture
HH, HL formation continues in higher timeframe
Entry after breakout of channel can be taken for a Good Risk Reward Ratio
Trail Stop Loss
TANMIAH FOOD: TASIA good Potential setup with good Risk Reward Ratio Setup
Short-term trade until TP @ top of Triangle/Pennant
Long-term trades with trailing stop loss and identified TP levels
TANMIAH LONGFIB retracement levels
will be buying points
Level 1: 106.38
level 2: 97.67
TP 1: 116.97
TP 2: 120
SL: 97.50
