Dubai
Salama Unsuccessful TodayIt tried to push up and break the resistance but it could not i am still in the trade and holding my position still confident about it. A strong rejection today indicating it may come down to the support level. There is a chance that it may try it again tomorrow. Lets see how it performs tomorrow.
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AmanStill i will stick with the same trading plan, again today it took support at the dynamic support level that is 200ema its holding it nice its very important that the price bounce up from here and show some bullish sign to attract the buyers. First resistance is at 0.435 thn 0.445 once it crosses it will give a good run. I am stalking and bullish for this one.
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DFM What Happen TodayAfter a breakout usually market rallies but today was somewhat opposite. The small resistance of 2090 pushed market down its bit surprising. Any how there is still potential to go higher from here, there are good chances of crossing 2100 tomorrow and the rally continues to upside. On the other side if the market comes back into the triangle range thn scenario will change this will indicate bulls are not strong and not ready to fly yet. I am still bullish and i think market will push it to upside tomorrow.
Analysis of GBPNZD on H4 (04/08/2020)GBPNZD-H4
If the price manages to break the zone around 1.98158, we will go into an uptrend.
This is the most likely of our analysis because it is confirmed by the underlying trend and the MM at 50 which is below the market.
If the price breaks the zone around 1.96170, the market will go bearish.
Let's wait and see...
Deyaar got rejectedThis looks interesting but it got rejected today, i think it will give it another try tomorrow and may succeed as it tried first and got rejected as this is not the new territory for deyaar i am in this trade and my next target is 0.310 level. If you on my insta and following my trades you will see the entries and my setups.
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Amlak Star of the day!!!What a performance today my Amlak!! opened gap up and maintained it also closed above 200ema. I would surely want to buy this tomorrow but not at that price. I will see how the price is behaving at my marked zone that is yellow box. If is see bullish pressure in the yellow box i will pull the trigger and go long. Bullish for now!!
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Salama More UP?As i had mentioned it on my insta this one can take off anytime and is good to buy also it was in my stalking list. Sure more upside coming up tomorrow i will look for a buy chance in a smaller time frame 0.623 to 0.620 is a good area to catch this one and go long first TP at 0.650
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Market BouncedNo doubt that 2050 is the most watched area, buyers are sitting right at 2050 the moment market touches this level market is pushed up. Its still within the triangle range and eventually give a breakout to either side. I am bullish and expecting it to break to upside. Triangle is almost ripe and it getting ready to breakout we will soon see a breakout. Bullish for now.
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Emaar Properties is trying hard!!Its trying hard to climb up as artc is jumping up everyday which is also a real estate stock. But emaar is under performing these days. It have made a inside candle today again. Technically it will follow the direction of the breakout of its previous candle that is a red candle. We have to wait and see which direction its breaking and closing. Keep stalking this one. I am still bearish for this one till it closes above 2.70
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Union Properties - buy now?As we can see in the chart it have started to make higher lows we can see a shift in the momentum already. Yesterday it made a solid green candle bulls got activated here. It broke the resistance yesterday of 0.287 and today it came back to retest. As per my analysis it should go further up from here and make higher highs. I entered this trade bit early but not in big quantity as i was not confident my stop loss is intact. In tomorrows session if it can close above the resistance of .30 it can quickly climb up.
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Deyaar good buying opportunityDeyaar have broken the trend line and it broke up, today was a retest day as per my analysis it should push up from tomorrow. If this current level of support hold it can easily go up till 0.297 zone. If it gives good buying signal tomorrow i will enter this trade and go long.
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