Watch out for failed and false BO patterns by SIIS. Stronger Head and Shoulders pattern, bearish reversal.
Testing the support line of MA100 at 1.57 If it breaks the line and start to sloping down, it will go for MA200 at 1.47 - 1.52 MA200 - the last level of defense and strong support. High probability to rebound.
As a price moves up and down on charts, it encounters “barriers” along the way. If a barrier acts like a floor and keeps the price from dropping any lower, then it is known in trading terminology as support. When it acts more as a ceiling and stands in the way of upward moves, it is called resistance... Source:bforex
Ooredoo ready to fly, will approach the ATH line at 7.45 We're just a couple weeks away, and maybe even days Good luck!
Higher low, lower low. Good entry at the dips. Shall wait until price retest of previous lows.
Bulls are exhausted. Bearish divergence - higher high, lower high Possible trend direction change...