Yes Emaar finally have given a breakout to the upside today at the same time we can also see the it had made a cup pattern. I will wait for the retracement or to make a handle and go long. We are still in a medium to short term uptrend and below 200 ema. It would be so exciting to see the price crossing above 200 ema taking emaar properties in a long term up trend. Happy Trading.
Announcement
If you want to learn technical analysis for FREE i am soon starting a youtube, Instagram channel where i will post my idea LIVE trades. Anyone interested can join for free.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.