Broke out it's bullish flag
Next targets : 45, 51, 56, 60 and 65 SR
Good luck!
Please do not forget to support, cheers, like, comments and boost!
Thanks!
Sell idea on 1150 as you see on the chart because we have the breakout with force the vwap indicator and also the breakout with force the support line by a big red candle with a large red volume so it's mean that we will have a hight probability to have a downtrend.Thanks.
For now we are seeing selling pressure on daily basis in the stock but the good news is its approaching a very good support level that is at 32.50 area. I think it will spend some days there and then we may see a bullish breakout this will be a good indication that it has bottomed out. A small entry can be made around 3250 with small stop loss to target next major...
On 1150 as you see on the chart we are above the vwap indicator so if we have the breakout with force the resistance line by a big green candle with a large green volume it's mean that we will have a big probability to have an uptrend. In other hand, we will have a reversal trend if we have the breakout with force the vwap indicator and the support line by a big...
Dear Saudi traders and investors, a month ago I posted to BUY 1150 and to set TP and SL at your own risk. 2 weeks ago, the people I give signals to have closed with up to 50% profit since I told them to buy at very low level.
Someone reached to me Sunday wondering if he still can buy ath the current price and I said no, the reason why is as you can see on the...
After an impulsive move upwards, I expect a correction and the another impulsive moveto take out the previous high out.
Fundamentally banks are going to benefit from higher interest rate as well as financing projects and individual investments in business ventures.
Dear Saudi traders, I'm sharing with you today an analysis on 1150 where you can take a swing trade, I rarely post trades I give to my customers to public but since they all have no problem with that I said why not to share it with you.
Buy and set your SL and TP at the levels you desire.
If you got any question the comment section is all yours.
On 1150 as you see on the chart we have the breakout of support line and also the breakout of the vwap indicator so it's mean that we will have a big probability to have a downtrend.Thanks!
1150 Setup for long call:
1- Currently price is testing very Important level
of Support, this level was crossed in
2- volumes are high
3- sellers will jump in to save the price
4- trend is bearish but bullish divergence can be
observed in 1H time frame
5- entry setup:
entry : 29.55
SL: 28.50
TP1: 31.14 RRR1:2
TP2: 32.66 RRR1:4
A potential reversal is expected after long bearish journey
Support Zone
Golden Pocket (fib levels)
Triangle Target Completion
High Volumes are observed
Good trade potential with tight SL for high Risk Reward
short term and long term levels are specified.
trail stop loss while price makes HH and HL (bullish dow formation)
Price Moving within Symmetrical Triangle
Short trade:
Buy @current level ()
SL mentioned
TP @ top of trianlge
Watch for Breakout of Triangle
Aggressive Entry @Breakout Level
Conservative Entry after Retest, formation of HL
Long term TPs are mentioned
Ride the trend with trailing stop loss
![1150: 1150 (ALINMA BANK) [Potential Reversal]](https://s3.tradingview.com/b/bRkmFEQc_mid.png "1150 (ALINMA BANK) [Potential Reversal]")
