EGX70 (Head and shoulders or wolf wave?)
EGX 70 shows two patterns
(Head and shoulders --- constructed
A wolf wave (orange line) which can give the support to EGX 70 and switch the trend back to uptrend ---- probable rebound
breaking the wolf wave will lead to medium term down trend.
(Head and shoulders --- constructed
A wolf wave (orange line) which can give the support to EGX 70 and switch the trend back to uptrend ---- probable rebound
breaking the wolf wave will lead to medium term down trend.
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