Buy Plan — Rabigh Refining & Petrochemical Co.
🟢 Buy Plan — Rabigh Refining & Petrochemical Co.
Bias: Bullish — breakout confirmed above the previous consolidation range.
Preferred Entry Zone:
Wait for a pullback into the grey demand zone (≈7.3 – 7.8).
Look for rejection candles or a bullish market structure shift on the Daily timeframe from this zone.
Entry Confirmation:
Bullish engulfing candle on Daily or
Break of short-term bearish swing high + FVG formation
Stop Loss:
Below the grey zone (around 6.9 or under the last swing low).
Targets:
Target 1: 10.60
Target 2: 14.67 (HTF target)
Invalidation:
A daily close below 6.9 cancels the bullish setup — stay flat.
Mindset:
Be patient for price to retrace; don’t chase the breakout candle. Let the market come to your zone first.
Bias: Bullish — breakout confirmed above the previous consolidation range.
Preferred Entry Zone:
Wait for a pullback into the grey demand zone (≈7.3 – 7.8).
Look for rejection candles or a bullish market structure shift on the Daily timeframe from this zone.
Entry Confirmation:
Bullish engulfing candle on Daily or
Break of short-term bearish swing high + FVG formation
Stop Loss:
Below the grey zone (around 6.9 or under the last swing low).
Targets:
Target 1: 10.60
Target 2: 14.67 (HTF target)
Invalidation:
A daily close below 6.9 cancels the bullish setup — stay flat.
Mindset:
Be patient for price to retrace; don’t chase the breakout candle. Let the market come to your zone first.
Trade fermée: cible de profit atteinte
I am an SMC & ICT Master, specializing in Market Structure, Liquidity, and Order Flow. With a razor-sharp focus on precision trading, I navigate the markets with strategy and discipline—turning probabilities into profitability!
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Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
I am an SMC & ICT Master, specializing in Market Structure, Liquidity, and Order Flow. With a razor-sharp focus on precision trading, I navigate the markets with strategy and discipline—turning probabilities into profitability!
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.