EGX 30 IndexShort
Egx 30 Egyptian stock
Updated
As appearing on the chart
EGX30 has made ab=cd pattern
That's give it 2 low targets
1- 29630 ( done then made a little correction )
2- 28057 up to 27500 ( in progress )
In addition MACD appears negative diversion
Lower bottom than the previous although egx30 show the opposite
Note : This vision according to the ab=cd pattern And the MACD diversion
And it's cancelled by closing daly above 32185
Its not an advice for investing only my vision according to the data on chart
Please consult your account manager before investing
EGX30 has made ab=cd pattern
That's give it 2 low targets
1- 29630 ( done then made a little correction )
2- 28057 up to 27500 ( in progress )
In addition MACD appears negative diversion
Lower bottom than the previous although egx30 show the opposite
Note : This vision according to the ab=cd pattern And the MACD diversion
And it's cancelled by closing daly above 32185
Its not an advice for investing only my vision according to the data on chart
Please consult your account manager before investing
Trade active
first target achieved for the second time and if EGX30 closes under 28900 weekly then may index still down to 26500 , there is a chance to making a correction from this point . Note
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