Salama

Nice closing today and at the resistance area exactly. Will it cross ? this is the third time its trying to cross the resistance last 2 were unsuccessful and it could not hold the breakout lets see if it can make it tomorrow and hold it. Also as we can see in the chart it have made double bottom pattern ( also W) and it have closed above the previous days close also the price is exactly below 200ema which is acting as dynamic resistance. If the price can close above 0.516 it will turn really bullish and can move further upside. I think this time it wil be successful in breaking the resistance. I am bullish!

Hit like & follow to show your support :)
Chart PatternsDFMdubaistockmarketTechnical IndicatorsSALAMATrend Analysis

Also on:

Disclaimer