TradingView Buy Plan – Al Rajhi REIT Fund (Weekly)

TradingView Buy Plan – Al Rajhi REIT Fund (Weekly)

Setup:
Price is approaching an area of EQ_H Liquidity (~8.40). This level coincides with previous consolidation highs, making it a key area for potential bullish continuation.

Entry:

Wait for a weekly candle close above the EQ_H Liquidity (~8.40).

Alternatively, look for a strong bullish lower timeframe candle confirming rejection of support and continuation higher.

Targets:

1st Target: ~8.60 (intermediate resistance)

Final Target: ~9.09 (2024 high)

Stop Loss:

Place below recent swing low (~8.16) to minimize risk.

Notes:

Ensure patience; avoid entering before clear weekly confirmation.

If price fails to hold above EQ_H Liquidity, reconsider the setup.

Risk-to-reward is favorable (2R potential if targets are reached).