ABUK SOME ONE COLLECTING IT FOR THE NEXT FLIGHT As you can see the inverting taking to much effort,meaning some heavy shark collecting as long as he can, the bars reached lowest price and its time to collect as much as you can. EGX:ALCN
ABUK trade ideas
ABUK Long Term Fibonacci Retracement.What Are Fibonacci Retracement Levels?
Fibonacci retracement levels—stemming from the Fibonacci sequence—are horizontal lines that indicate where support and resistance are likely to occur.
Each level is associated with a percentage. The percentage is how much of a prior move the price has retraced. The Fibonacci retracement levels are 23.6%, 38.2%, 61.8%, and 78.6%. While not officially a Fibonacci ratio, 50% is also used.
The indicator is useful because it can be drawn between any two significant price points, such as a high and a low. The indicator will then create the levels between those two points.
The last downward wave remainsThree upward compound waves have been completed, and two out of three corrective bearish waves have been made, and one last wave remains, and the corrective decline ends and a new ascent begins.
NEXT MARKET MOVE UP TO 2023NEXT MARKET MOVE UP TO 2023
At the bold black line, a major area,
At the orange line, a sub area
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ABUK (EGX) - Moving in Channel with BullishHumbled, we would like to thanks for your support who has already liked, commented and followed us. Your support, strengthens us, to help in analyzing the market.
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ABUK (EGX) - Moving in Channel with Bullish
