TADAWUL_DLY:1060   SAUDI BRITISH BANK
We have a buying opportunity on 1060 because as you can see on the chart we are in a real downtrend with red candles having small bodies and long wicks. In effect, this means that buyers want to gain the upper hand over sellers. Therefore, we must prepare to buy. But, this can also only be done if and only if the vwap indicator is broken forcefully by a large green candle and followed by a large green volume.Thanks.
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