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.
İşlem kapandı: hedefe ulaştı
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!
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
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!
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.