On ADCB as you see on the chart we will have a big probability to have a downtrend because we have the breakout of the vwap indicator and the support line.Thanks!
As you can see on the graph we are in an upward trend. This upward trend is confirmed through several points that we have raised. First, we have the breakout of the vwap indicator and also we had a spring effect on this indicator and this is what reassures us in our buying position. Additionally, we also have the breakout of the resistance line. With all these...
Dear Emirati Traders, you can see on the chart thet the price pulled back multiple times on the resistance level and couldn't break through it, there's a high probability that the market will head down towards the 7.70 level, to make sure of that you must wait for a confirmation of the pullback then you can sell.
For further questions, don't hesitate to ask!
