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Tadawul All Shares IndexTT

Tadawul All Shares Index

10,713.820SARD
−153.220−1.41%
At close at 12:10 GMT
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TASI trade ideas

TASI ALsalam 3alikom, I hope you are fine! Study the TASI graph, which depicts weekly for all SAUDI stocks. When initially looking at the chart, you should be able to immediately identify broad details, minor details and minute details. The minor details in this chart are also quite easy to identify, which is lines respect 0.5 OTE Fibonacci. The minute details are those points in the graph where change occurs, which back and respect the order block and 0.5 OTE Fibonacci, which describe the rising wedge pattern. On overall I would waiting the line to the 0.62 and respect the Weekly - Fair Value Gap (FVG) to Entry and my profit which the old order block on 0.62 Fibo Vocabulary: - A rising wedge is a technical indicator, suggesting a reversal pattern frequently seen in bear markets. This pattern shows up in charts when the price moves upward with pivot highs and lows converging toward a single point known as the apex. - OTE refers to an order that is placed by a trader with the intention of executing a trade at a specific price. In other words, it is an instruction to a broker to execute a trade at a predetermined price level.
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by Back0hack
TASIThe Saudi Stock Exchange has not gone up a real rise since the bottom of 2008, and throughout this period it is moving horizontally and faced a drainage area 4 times and could not break it, and it must return again to the demand area to collect and rise strongly and make a new peak equivalent to the rise that took place from the period 2000 to the period 2006 Please clarify that I am helping you with my point of view, which may be right or wrong, and see my previous analyzes of many currencies and forex in order to judge the owner of this analysis with a more accurate look Good luck
TShort
by KhaldHegazy