Back at the levelAfter the breakout to the upside as i had indicated in my previous analysis it touch the resistance and now back the at the support level also we can see its at 200 day ema which will act as dynamic support. If it takes bounce from here we can again trade the range. Keep stalking this one it may give a good trade setup.
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Dubaistockexchange
Need to see a green candleIt looks very nice and bullish for now, if we can see a close above 0.168 it will be a confirmation to enter the trade and the target will be 0.185 as first TP and 0.193 as second TP over all its bullish we just wait for the confirmation to take the trade.
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AT SUPPORTIts at a support level but looks bearish for now, if it takes a bounce from here it can save the trend or it will go further down. Not tradeable as its too risky. Keep stalking for a good setup.
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Whos Buying it??Support level of 2.65 is holding as of now. Something to notice here is it was struggling to cross 2.65 during the trading hours but in trade at last that is last 5 mins it jumped and closed at 2.67 so who bought this ? Sure we can say that big boys found this price attractive and entered the market pushing the price to the upside. If we can see a close above 2.70 tomorrow we can confirm the shift in the momentum and it will be good chance to enter the trade. Why market changes is last 5 mins?? "MARKET IS OPENED BY AMATEURS AND CLOSED BY PROFESSIONALS "
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