Saudi Arabian Oil Co.

Analysis on 4 hours: two situations : Bullish Channel

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As you see on the chart we are in the bullish channel situation. So after the breakout with force of the two resistances lines by a big green candle with a large green volume we will have a big probability to have an uptrend. In other hand, if we have the breakout with force the vwap indicator and the support line by a big red candle with a large red volume it's mean that we will have a big probability to have a downtrend.Thanks.

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