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snour

EGX30 to target 29545 after crossing Resistance

Long
EGX 30 Price Return Index (EGX_DLY:EGX30)  
snour Updated   
EGX_DLY:EGX30   EGX 30 Price Return Index
Technical Indicators Chart Patterns Trend Analysis EGX30 index uptrend Falling Wedge
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indicator chartpattern trendanalysis egx30 index uptrend fallingwedge
30-min chart, the index has formed a falling wedge, and should target the Resistance line (R) at around 28125. After crossing it, the target will be 28850 extending to 29545
Technical indicator RSI is positive.

Below Support line (S) should be a stop loss.

Trade active:
Target achieved, and waiting for the next target

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