if this last Monthly candle closes above
46.70 - 47, this would be a Perfect
Morning Star Formation (combination
of last 3 candles)
However, Double Bottom is around 42
and also 0.786 fib level of Entire Rally
Bullish Divergence is also being
created on Weekly basis; & appeared on
Daily TF
Weekly chart, Saudi Cement (3030) is trying to complete a chart pattern triangle. After crossing the resistance, the target will be 61.
After crossing the longer-term resistance line (dashed GREY), then the target will be 75, passing through resistance levels 67 and 72
RSI is positive
trading algorithms change the game, and decide to sell
This market will decline strongly this week , I Advais you to Selling at the next red candle
the time is not right to buy
you can only buy after crossing the green line
