swaaapnil

Dubai Islamic Bank Short Selling Opportunity

Short
DFM_DLY:DIB   DUBAI ISLAMIC BANK
DIB
1) DIB is in consolidation for nearly couple years now. It's a clear Triple Three Complex Correction structure. Now it's final wave form of Triple Three Correction which is wave Z.

2) To complete the structure stock price should have to go below wave Y. I think stock will go below wave Y which is 5.10.

3) My target for wave Z is Lower trend line channel.

Trade only using Hedging Strategies or Arbitrage Strategies to minimize the risk.

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