At supportSalama is been in retracing for few days now, its at support level lets see if it can hold it here. At the same time till level 0.780 have been previously tested and as we know if a particular level is tested again and again it becomes weaker. There are good chances it can break to the downside. Lets see how it performs tomorrow. Over all in a uptrend as now retracing.
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Looks interestingIt did jump to the up side after the announcement after 2 inside day candles we can see a green candle its a first sign the correction is done. I have entered the trade at 0.290 my target is 0.310 we should see some upside move from tomorrow onwards. Bullish!!
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Deyaar is always disappointing It shows bullish patterns and then fails it does not work out. Again the same thing after a bullish patter today it opened with a gap up which looked very positive but at the end of the day it tanked. Below 0.290 is bearish we dont take any trade for now.
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More to downsideIt was on a nice bull run and as of now its just on a fall. Its soon approaching support level. How to trade? First let it make a bullish candle at support and then let it break the trend line to confirm. We can take the trade for a target of 1.00 and 1.15 respectively. Keep it in your watch list. Stalking mode!!
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