YASIRWA

4210 (SRMG): (Watch for Triangle Breakout)

Long
TADAWUL:4210   SAUDI RESEARCH AND MEDIA GROUP
Price reaching top of Triangle (Falling Resistance) after taking support from confluence zone:
Horizontal Support
Trendline Support (Bottom of Triangle)

Formation of HH, HL

Wait for breakout (Aggressive Entry)
Wait for retest/formatin of HL (Conservative Entry)
Trade with stop loss

TP levels are specified
Ride the trend with trailing stop loss

Do Proper Risk management
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.