Trading Idea - Saudi Ceramic (2040) | Monthly Chart with Inverte

🧠 Trading Idea - Saudi Ceramic (2040) | Monthly Chart with Inverted FVG
🔍 Chart Context:

Price has reacted from a Monthly Inverted Fair Value Gap (IFVG [M]), indicating a potential premium-level supply zone.

This rejection confirms sellers’ presence at the premium pricing zone, causing a sharp drop.

Price has returned to the discount zone, inside the Monthly FVG (Buy Side Imbalance Sell Side Inefficiency - BISI), offering a potential long opportunity.

📌 Key Technical Concepts:

✅ IFVG [M] = Zone of Previous Supply / Institutional Sell Orders – price rejected sharply from there.

🟦 FVG [M] = Current demand zone (discount area) with potential to support a reversal.

Liquidity above 54.3 SAR remains untouched, showing a magnet for future price movement.

📈 Trade Plan:

Accumulate in the FVG [M] zone (28–30 SAR).

Watch for bullish confirmation (e.g., engulfing candles or internal BOS).

Ride the move towards Buy Side Liquidity @ 54.3 SAR.

🎯 Target Zones:

TP1: 36 SAR (range high retest)

TP2: 48 SAR (pre-IFVG reaction zone)

TP3: 54.3 SAR (BSL target – possible liquidity sweep)

📉 Stop Loss: Below 24 SAR (FVG invalidation zone)

💬 Narrative Summary:

Price was rejected from the Monthly IFVG (supply), now resting in a Monthly FVG (demand). This is a classic Discount → Premium cycle setup, with potential for a bullish reversal targeting Buy Side Liquidity above the recent highs.