The Saudi oasis with a code number 3007 on the daily frame has been moving in an upward direction since mid-October, where it rose from the support area at levels 41.20-43.00 to the level of 51.00, investigating more than 9 Real
Before the price goes down due to the severe drop that occurred in the markets last month, then he finds a catalyst again due to the support area in addition to the Harmonic Shark model with a 88% Fibonacci retracement of the xa leg to actually rise then.
The price then made another negative pattern, which is the bat with an 88% Fibonacci retracement, to drop the price as a kind of correction.
It is expected that the decline will be completed before it reaches 41.20-43.00 levels again to rise from it to retest the previous high of 51.00
