EmiratesNBD is bouncing off support in the Weekly chart.
And in daily we have some attempt for a possible breakout.
A classic breakout and a retest should be observed before attempting to get long.
We are just playing bounces and it is hard to tell if we will witness a reversal in the overall bearish trend.
Daily Chart
MACD and RSI are showing us a nice divergence in H2 Chart
And in daily we have some attempt for a possible breakout.
A classic breakout and a retest should be observed before attempting to get long.
We are just playing bounces and it is hard to tell if we will witness a reversal in the overall bearish trend.
Daily Chart
MACD and RSI are showing us a nice divergence in H2 Chart
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Disclaimer
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.