Daily chart,
Index EGX100 needs some correction, and probably will rebound from 7550 - 7500, to re-test the resistance line.
Below 7409 will form a bearish double top pattern, leading to 6865, which is below the support line #1 !
Just be careful!
Index EGX100 needs some correction, and probably will rebound from 7550 - 7500, to re-test the resistance line.
Below 7409 will form a bearish double top pattern, leading to 6865, which is below the support line #1 !
Just be careful!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.