Heading: DFM General Index (DFMGI) Signals Long Bullish Trend 🚀 Hey Traders! 🌟 Greetings to all traders out there, The DFM General Index (DFMGI) is currently showing promising signs of a long bullish trend, potentially opening up lucrative opportunities for traders like you. DFM:DFMGI Key Insights: - DFMGI is indicating a strong inclination...
Beautiful inverse head and shoulders Already broken the neckline, and backtested. Stay long stay strong
For now dfmgi is under selling pressure, we cannot see a defined trend to the upside. This can be a short recovery dont trust the move for now. Let it make a positive price action to get onboard. Any negative news and market goes crazy. So if you are buying anything quick entry and exit that too with small quantities. Hit like & follow guys ;)
Overall Trend DFMGI is in a strong uptrend, as we see on the chart it have hit the resistance area of 4100 that is psychological and technical resistance. Its been going side ways for about 2 weeks not this is a good indication that bulls are still defending the support zone. Breakout Coming week which will be very crucial as more data will be coming out...
I think market index for now is be extended and its due for a healthy correction which is positive for the market, I think it should drop back to the marked area and then spend some time to make its base to go higher around 4000 zone. Over all DFMGI is very bullish no doubt about it. Hit like & follow guys ;)
It is possible that the C wave will be corrected to form a flat pattern, and then a beautiful ascent to form a larger flat pattern
DFM market index is on a strong rally to the upside, however very soon we will see a correction phase its almost near the resistance now. At the same time if it spends some time just near the resistance then there are good chances it can touch 3800 level soon. Over all DFMGI is very bullish. Hit like & follow guys;)
Market index after hitting 3600 zone is under pressure, watch out the video for better understsnding. Hit like & follow guys ;)
No sign a weakness for now. See related idea from 2 years ago
DFM market index is under pressure. Last closing is also very tricky, there are good chances it can go down to retest the lower levels. For now we can only consider it to be bullish once we see a solid closing above 3400 zone. Hit like & follow guys ;)
The UAE stock index.. It is expected to rise to the last small wave to close wave C of a larger model, which is X, including a drop again to the historical bottom in the form of a triple Y.
Market is at a very crucial stage, Fridays closing of dfmgi was very positive and I expect it to go higher from here. From here there is very good chance for the market to cross 3400 resistance areas, but incase if market does not then it can again come down to the marked support level. Hit like & follow guys ;)
There are good chances it can come down for a retest.
hello freinds this chart we shows that this market will know an uptrend on next days when i recommend buying with a fort probability if you have any questions you can write it in commentaire below and i will answer them and please don't forget to support this ideas with your like and comment thank you cordial
Dubai Financial Market is still bullish and more upside is expected after a small correction. Any dip from now is a buying opportunity(shares) at the same time keep a close watch on FED's statement about its monetary policy which will effect financial markets over the globe. Hit like & follow for more updates ;)