2310 ALMOST AT THE PRICE GAPCouple days ago, I posted that 2310 will continue going lower to reach 20.02 before starting to go higher again.
And here is the stock coming lower to our Price Gap to fill it before starting to raise.
Meanwhile, I'm waiting for the stocks I shared to my clients to get a bit far from the entry so they can make profits from them, then I can post them to the public.
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2310 trade ideas
DON'T BUY 2310Some days ago, I posted to wait before you buy on 2310, but still some of the people who saw my post here and on other platforms bought and now they're in losses.
The problem now is the market is coming lower and it won't go higher anytime sooner.
The price now after it gave us a confirmation that it will keep coming lower, we'll expect it to go at least to 20.02 which is the point where we have our price gap that needs to be filled.
Again, don't waste your money on a stock that will get you in losses.
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WAIT BEFORE BUYING 2310Months ago I posted about not to buy 2310 since it is coming lower, still some of you bought and lost their money as I saw on other platforms and from people who contacted me.
Now the market reached the level I told you and we will wait for a confirmation of the reversal, as soon as I get it I will post about it and you can take the trade.
Follow so you won't miss the entry!
Weekly RSI MACD Fibonacci//@version=5
indicator("Weekly RSI MACD Fibonacci", overlay=true)
// Get the weekly data
symbol = syminfo.tickerid
weekly_close = request.security(symbol, "W", close)
// RSI Calculation
rsi_length = input.int(14, title="RSI Length")
rsi_overbought = input.int(70, title="RSI Overbought Level")
rsi_oversold = input.int(30, title="RSI Oversold Level")
rsi = ta.rsi(weekly_close, rsi_length)
// MACD Calculation
macd_length_short = input.int(12, title="MACD Short Length")
macd_length_long = input.int(26, title="MACD Long Length")
macd_signal_smoothing = input.int(9, title="MACD Signal Smoothing")
= ta.macd(weekly_close, macd_length_short, macd_length_long, macd_signal_smoothing)
macd_histogram = macd_line - signal_line
// Fibonacci Levels
var float fib_high = na
var float fib_low = na
var float fib_0 = na
var float fib_0_382 = na
var float fib_0_5 = na
var float fib_0_618 = na
var float fib_1 = na
if (na(fib_high) or weekly_close > fib_high)
fib_high := weekly_close
if (na(fib_low) or weekly_close < fib_low)
fib_low := weekly_close
fib_0 := fib_low
fib_1 := fib_high
fib_0_382 := fib_0 + (fib_1 - fib_0) * 0.382
fib_0_5 := fib_0 + (fib_1 - fib_0) * 0.5
fib_0_618 := fib_0 + (fib_1 - fib_0) * 0.618
// Plot RSI
hline(rsi_overbought, "RSI Overbought", color=color.red)
hline(rsi_oversold, "RSI Oversold", color=color.green)
plot(rsi, "RSI", color=color.blue)
// Plot MACD
hline(0, "Zero Line", color=color.gray)
plot(macd_line, "MACD Line", color=color.red)
plot(signal_line, "Signal Line", color=color.blue)
plot(macd_histogram, "Histogram", color=color.green, style=plot.style_histogram)
// Plot Fibonacci Levels
plot(fib_0, "Fib 0%", color=color.red, linewidth=2)
plot(fib_0_382, "Fib 38.2%", color=color.orange, linewidth=2)
plot(fib_0_5, "Fib 50%", color=color.yellow, linewidth=2)
plot(fib_0_618, "Fib 61.8%", color=color.green, linewidth=2)
plot(fib_1, "Fib 100%", color=color.blue, linewidth=2)
Bullish Divergence on Hourly, Daily as well as Weekly TF.Bullish Divergence on Hourly, Daily as
well as Weekly TF.
Entry can be taken around 31 - 31.70 with
a Stoploss of 29 on Closing basis.
Immediate Targets can be 34 - 35
However, it would be More Bullish & will
be in Uptrend once it croses 35 - 36
2310 SAHARA INTERNATION PETROVHEMICALSEVERY CANDLE HAS LIQUIDITY.
PRICE ALWAYS NEED LIQUIDITY.
Nobody Knows Where is Price Going.
Hey traders, here is the analysi.
If you guys like my analysis please hit like?? and follow.
Thanks.
DISCLAIMER- This is not financial advice.
SMART MONEY CONCEPT.
identify Liquidity Or Become Liquidity
2310: SAHARA INTL. (Falling Wedge Breakout and Retest)Price moving within Falling Wedge for quite some time.
Breakout and Retest is observed
Formation of HH, HL
Support from MA 50,100 (Cross) -->1H TF
Support from EMA 200 (Cross) -->1W TF
Fib Levels and Horizontal Suppport Levels are marked for TPs
possible formation of AB=CD in process
Trade with Stop Loss
Ride the trend with trailing stop loss
2310: SAHARA INTL. (Falling Wedge Breakout)Falling Wedge Breakout Observed
Short term and long term Bullish setup is available
HH, HL formation
Wait for HL formation for Entry or at current level
Stop Loss is specified
Fib/Horizontal support Levels are specified for TPs
Ride the trend and Trail your stop loss
Manage your risk properly
TASI:2301 Opportunity to go LongGood bullish movement can be observed in
Sahara Int Petrochemicals (2310)
Currently, it's on strong resistance at 37.87 and
expected to go down till its last HH or HL to
make the new HL (36 or 35) and bounce back to
create a new HH at 40 riyals
- High volume can be observed
- Bearish Divergence can be observed at 1HR
-ABCD Pattern can be observed