Deyaar in BreakevenI was in the trade and sure it didnt work out as it could not break the resistance level of 0.290 and dropped dead. I exited my position with a very minimal loss to almost breakeven. I will look to reenter this one once it breaks 0.290 it will be and good chance thn. Till thn i am stalking this one for sure. For now bearish
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Dubaistockmarket
UPP IS GOODIts still looking good to me despite closing in red doji and making a inside day candle. My analysis say it have come down to fill the gap that it created 2 days ago by opening with a gap up. It almost filled up the gap and it should resume its rally also there is fundamental news of its debts restructuring into final phase it should push up very quickly and next target is very achievable. This stock is good for a short term investment. Very bullish
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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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DFM Finally Did It Breakout??Yes it have broken the trend line today after so many days and closed in 2078 area. It will be very interesting to see tomorrow if it is coming down to retest 2070/75 area and bounce off. This can be a bull trap too lets analize if this is a fake breakout just to trap the bulls it will come back again in the triangle and continue to range. If we go back few weeks on 15th august exactly it broke down the triangle range and got back into the triangle very next day it was a bear trap!
If this breakout is confirmed tomorrow market will quickly move up and first target will be 2200 level and 2050 and thn 2400 respectively. So tomorrow is the D day lets stalk closely to take out trading decisions. I am bullish for sure.
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AMAN just gearing up It gave a fake breakout around 2 weeks ago i got trapped in it too. Any how not all of our trades are successfull even if we are succesful 60% of the time we make lots of money thats because of of risk reward management if you want to learn that comment and let me know. Its now above 200ema but ema is flat it means market is in a range. If in tomorrows session it can go up till 0.445 and close more buyers will accumulate and push higher. Looks bullish for now.
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ARTC Game Over?After a good run even a professional runner needs some rest it does not mean the runner have given up. Artc had a good run let it rest for a while 1.16 is a good support area if that holds it can be a good buying opportunity. Till thn just wait and stalk no need to jump into the market or catch the falling knife. For now its bit bearish but over all in uptrend.
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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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GOLD's NEXT POSSIBLE MOVEGold jumps $17 to renew 9 years high above $1881.
As we can see GOLD's Higher high is on 1,865 on the H1,H4 time frame in the Zone (consolidation area) .At the moment gold is on 1859 and there are chances of rebound towards sell area below 1840. $1920 is not far. It will remain in consolidation this week probably in the current zone of 1850-1825. In case if its break the support level of 1840 than there will be more chances that gold will touch the support level of 1820 and adopt the zone between 1820-1795. If Gold leaves this zone of 1795-1820 towards downside, its next target will be 1785-1765 but there is nothing that can stop GOLD's bullish momentum so far.
The Fundamental side for current session is Neutral but the Lows on DX are extremely Bullish for Gold , which on any other period (without Covid-19) should have been Bearish for Gold .As covid-19 cases are still increasing. I can't confirm sell on gold but the DX is still not recovering and the Stock markets on Highs,and the news came out about the Corona Vaccine that USA has made and that will be fully ready to use in the next coming 2 months and thats the key factor of gold's bearish movement.
Entry should be taken if all the rules of entry are applied.
Comment below if you need any Help.
DFM Again Same PlayIts done it again, its in the triangle range it almost it the upper range during the early hours of trading and the its fizzled out to close at 2061. We are still within triangle lets stalk closely as we are nearing to the breakout. It would be so exciting to see on which side its breaking. I think it should break to upside. Bullish for now
I will update my stock picks for tomorrow in a video soon. Keep stalking :)
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Emaar Properties Again emaar got smashed today its trying to rise up but sellers are pushing it down. We still stick with the same plan if the current support level does not hold that is 2.60 level it will quickly come down to 2.45 - 2.50 so far very bearish so no trades.
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Dubai Financial Market What nextThis one too is playing as per the plan, market is stuck in the triangle range as i had mentioned in my early idea. If you are following me on insta i had mention how it will perform today and it did the same thing. Its just that the market behaved as per the trade plan. We cant me 100% correct everytime we just have to be correct and successful atleast 60% of the time to be a successful trader. Market can break either of the side with big move expected. Keep stalking this one!!
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GFH What Happen??It played out as per the trade plan i didnt post this trade idea yesterday but i did upload my trade entry and exit on my insta. I took this trade and exited with profit today. It got heavy selling pressure and it could not close positive its back in the range. To cross this resistance zone it have to wait here and make price action to push the price upwards for now ranging.
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ARTC Got RejectedAs expected it could not hold the 200ema level which is acting as dynamic resistance as of now, if you following my insta i had mentioned it earlier that it will not cross and close in red. I will buy this one as its in the uptrend and it will retrace now. But till when it will retrace 20% 50% 60% we dont know lets see till where it goes and whn it finds support and give us a buy signal. And thn we buy it and go long on this one. For now i have bearish but over all its bullish.
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