AbdullaR89

EGX30 Possible Scenarios

AbdullaR89 Updated   
EGX_DLY:EGX30   EGX 30 Index
EGX30 Possible Scenarios :

1. Bullish scenario following the blue lines.
2. bearish scenario following the black lines.
Trade active:
the bearish scenario in black is more likely to continue, be carefull.
Trade active:
This a bullish correction, the overall trend is still bearish.
If we passed 26500 successfully we will continue bullish to :
28500 TP1
30200 TP2.
Trade active:
This a correction wave towards 26600 if we passed it down towards 25800.
Then we are bearish.

If we breakout from 26600 towards 28500 this a bullish sign.
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.