Hashim_Alsharif

The price trend change started

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TADAWUL:4110   BATIC INVESTMENTS AND LOGISTICS CO.
As we see in the weekly chart the price make an second entry pattern for continue for long trend line after the price couldn't breakdown the Support area.
The last correction after the first long wave, the price couldn't breakdown the golden zone of Fibonacci 50-60
So as I see the price continue for the long trend line, we just have Fibonacci golden zone for the whole short trend line, I think the price going breakthrough it as piece of cake.
The target is the next of Resistance area or the 200 Fibonacci of the second entry pattern what that is 54 SAR.

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