Sunday, October 1, 2017

Post:0013 Dubai Financial Market " DFM " , 2nd October 2017

Dubai Financial Market " DFM " was moving in sideway contain some bearishness like (slightly lower high) & confirming the bearish potential by crossing downwards the 15th of August low "3579.56" to close at 3545.40.

We're waiting the upward corrective move to enter long position (Buying) & the reliable signal could be (for example, and not as a limitation) the relative strength index indicator " RSI " if the RSI's moving line enter the oversold area under horizontal line "30" then get back higher than the 30 line that's will be my buying trigger.

No comments:

Post a Comment