Commercial International Bank | Egypt | Technical analysis
A symmetrical triangle is observed on the weekly chart.
Calls for further decline
Note that the pattern is inside the big megaphone pattern !!
The target of the symmetric triangle is 52,000
And the support of megaphone pattern @ 49,000-48,000
A symmetrical triangle is observed on the weekly chart.
Calls for further decline
Note that the pattern is inside the big megaphone pattern !!
The target of the symmetric triangle is 52,000
And the support of megaphone pattern @ 49,000-48,000
Note
49 DONE!
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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.