Saudi Aramco Base Oil Co. (Luberef - 2223) on the Daily timefram

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Saudi Aramco Base Oil Co. (Luberef - 2223) on the Daily timeframSAUDI ARAMCO BASE OIL CO.TADAWUL_DLY:2223Asif_Brain_WavesπŸ”» Sell Plan Summary πŸ”΄ Key Supply Zones: Monthly Fair Value Gap (FVG) / Premium Supply Zone β€” (Red Box around 108–110 SAR) Labeled as β€œM fvg T2,4” on your chart. Price previously reversed from this zone, indicating strong selling pressure. Daily Bearish FVG / Rejection Zone β€” (Red Zone around 104.5 SAR) Price is reacting to this short-term supply area. It hasn't closed above this zone, showing weak bullish momentum. πŸ”΅ Target Zone: Daily Bullish Fair Value Gap (FVG) β€” (Blue Box: 96.5–98.5 SAR) This is your likely downside target, situated in the discount zone. A strong demand area where price may find support. πŸ“‰ Market Structure: Price formed a lower high, suggesting bearish structure. Recent candles show rejections from supply, supporting a short bias. The chart includes a red arrow showing expected downward movement.