4280 at TADWUL ( SA ) still in Up Trend But!!we still at Up trend
red line is essential to trade below if we are planning to exit the market
the Up trend must keep the trading up the blue line in order to continue the up trend
Trade ideas
4280 Kingdom Holding LongWe have golden cross of 50&200MA
currently its trading at the bottom of uptrend channel
and the stop loss is close
RSI above 50
good luck
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Put it in a boxPut it in a box. Lets see retest of neckline at 8 something. Nice head and shoulders reversal pattern that broke out.
KINGDOM HOLDING COThe price attempt to break the previous support level and bounce from it to the trend line while continuing with the trend line without descending from it may give strength to the price's quest to rise to higher levels.
4280 (TADAWUL) - BULLISHHumbled, we would like to thanks for your support who has already liked, commented and followed us. Your support, strengthens us, to help in analyzing the market.
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4280 (TADAWUL) - BULLISH
AN EASY QUIZ FOR THE NEXT WEEK I think that we should prepare to buy at the price 7,80 and put the price of 8,38 as a target and that may vary regarding the behavior of the market in the next week for the SL we can put 7,24,
PS: after the butterfly we saw that the market give us a strong bearish wave and then again the market did a remarkable correction with the breakout within the level 50% of the Fibonacci
ATTENTION !ATTENTION : The Time Is Not Right To Buy , I Advais You To Sell After Crossing The Red Line
I Recommend buying
The market is expected to continue rising during the coming days
Because we are above the blue line and nothing to worry about
We can only sell when a red candle appears below the blue line
KINGDOM HOLDING COIndice1 (candlestick) and indice2 (volum) confirm very likely to do another pullback and at this moment we should see if he will cross the support line or going up
