Vol: ...  6 mo: 0★  24 mo: 0★
BRITISH POUND/SAUDI RIYAL
STAY IN CASH
Last
5.1311
Close
5.1332
Change
-0.0021
Change%
-0.04%
Delayed Intraday Module : ON
UNCONFIRMED TEMPORARILY
Sold at
5.1290
Open
5.1332
High
5.1358
Low
5.1116
Last
5.1311
Loss
+0.04%
Confirmation Status
The temporary confirmation of the last bullish pattern failed, because the formation of a white body that is a prerequisite for a bullish confirmation is not fulfilled.
Signal Update
Our system’s recommendation today is to STAY IN CASH. The previous SELL signal was issued on 25/01/2021, 2 days ago, when the stock price was 5.1290. Since then GBPSAR has risen by +0.08%.
Market Outlook
The last pattern detected was bullish with positive implications. The overall evidence, however, is saying “Watch Out!” but it is not yet pointing to BUY. The share price is still not above the confirmation level and the signal is suggesting to STAY IN CASH, but the chance of a bullish confirmation that will change the signal to BUY is very high. The Delayed Intraday Module is ON. We strongly suggest you to follow the price action on an intraday basis in order to profit most from the early phase of a bull run.
Pattern Description
This pattern is characterized by a large white body engulfing a preceding smaller black body, which appears during a downtrend. The white body does not necessarily engulf the shadows of the black body but totally engulfs the body itself. This is an important bottom reversal signal. more...
Signal History
Pattern & Confirmation Chart for the Last 6 Months
GBPSAR Pattern & Confirmation History since 7/28/2020
DatePatternStop LossBuy/ SellConfirmedDateSignal
26/01/21
BULLISH ENGULFING
5.1044 5.1508
22/01/21
BEARISH HARAMI
5.1563 5.1326 5.1290 25/01
SELL
19/01/21
BULLISH ENGULFING
5.0895 5.1114 5.1212 20/01
BUY
18/01/21
BULLISH HARAMI CROSS
5.0707 5.1148
13/01/21
BEARISH HARAMI
5.1397 5.0984 5.0957 15/01
SELL
08/01/21
BULLISH HARAMI CROSS
5.0759 5.0959 5.1049 12/01
BUY
05/01/21
BULLISH HARAMI
5.0787 5.1097
01/01/21
BEARISH HARAMI CROSS
5.1343 5.1201 5.1110 04/01
SELL
29/12/20
BULLISH PIERCING LINE
5.0450 5.0660 5.0750 30/12
BUY
25/12/20
BEARISH HARAMI CROSS
5.1100 5.0734 5.0643 28/12
SELL
23/12/20
BULLISH ONE WHITE SOLDIER
5.0085 5.0629 5.0719 24/12
BUY
18/12/20
BEARISH DARK CLOUD COVER
5.0980 5.0718 5.0504 21/12
SELL
14/12/20
BULLISH ENGULFING
4.9593 4.9986 5.0075 15/12
BUY
09/12/20
BULLISH ENGULFING
5.0072 5.0267
04/12/20
BEARISH HARAMI CROSS
5.0783 5.0266 5.0176 07/12
SELL
02/12/20
BEARISH DARK CLOUD COVER
5.0408 5.0128
27/11/20
BEARISH THREE OUTSIDE DOWN
5.0183 4.9929
19/11/20
BEARISH HANGING MAN
4.9916 4.9605
04/11/20
BEARISH HARAMI
4.9278 4.8701
30/10/20
BULLISH HARAMI
4.8299 4.8579 4.8665 03/11
BUY
28/10/20
BEARISH ENGULFING
4.8989 4.8700 4.8591 29/10
SELL
16/10/20
BULLISH HARAMI CROSS
4.8239 4.8596 4.8682 21/10
BUY
13/10/20
BEARISH ENGULFING
4.9043 4.8514 4.8427 15/10
SELL
07/10/20
BULLISH HARAMI
4.8173 4.8485 4.8513 08/10
BUY
01/10/20
BEARISH HARAMI
4.8677 4.8343 4.8299 06/10
SHORT
28/09/20
BULLISH ENGULFING
4.7780 4.8109 4.8238 29/09
BUY
18/09/20
BEARISH ENGULFING
4.8746 4.8438 4.8352 21/09
SHORT
11/09/20
BULLISH DOJI STAR
4.7863 4.8012 4.8097 14/09
BUY
09/09/20
BULLISH HARAMI
4.8314 4.9032
04/09/20
BULLISH HARAMI CROSS
4.9408 4.9937
01/09/20
BEARISH ADVANCE BLOCK
5.0564 5.0152 5.0059 02/09
SELL
27/08/20
BEARISH HARAMI CROSS
4.9815 4.9423
25/08/20
BULLISH MORNING STAR
4.8935 4.9316 4.9404 26/08
BUY
19/08/20
BEARISH HARAMI
4.9757 4.9123 4.9079 21/08
SELL
14/08/20
BULLISH THREE OUTSIDE UP
4.8921 4.9064 4.9135 17/08
BUY
31/07/20
BEARISH HARAMI
4.9388 4.8927 4.8871 12/08
SELL
Pattern Patterns
Total
Confirmed
Total
Confirmation
Profitable
Signals
Profitable
Signal
Profit Loss Total Net
BEARISH STOP LOSS
10660%350%2%0%2%
BEARISH DELIBERATION BLOCK
8675%466%2%0%2%
BEARISH ONE BLACK CROW
9888%562%2%0%2%
BULLISH STOP LOSS
141071%660%1%0%1%
BEARISH DARK CLOUD COVER
201470%857%1%0%1%
BEARISH HARAMI
593050%2066%1%0%1%
BULLISH DOJI STAR
14642%583%2%1%1%
BULLISH HARAMI CROSS
201155%763%1%0%1%
BULLISH HARAMI
492755%1762%1%0%1%
BULLISH ENGULFING
382873%1864%1%0%1%
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