abedalaziz

abedalaziz

I would be very careful at this level, some said we are in price discovery mode, for me breaking above the trend line and retest it will confirm price discovery mode, otherwise it looks like bouncing back from the trend line. plus we didn't retest 74k most probably before end of this year.

abedalaziz Updated 

I believe we are in yellow correction as markets fundamentals are not promising and we will have a tough year before start new bull run. yellow C wave end date could be in Oct.2023 too.

abedalaziz Updated 

Channel is from 2017 top, middle of the channel with 13 weekly candles support and resistance. When we break the main trend line (from 69k) and confirm it with good volume we will head up again maybe to 48k region then pullback then to test ATH, based on the giant channel, the bottom will be maximum by 12th Dec.22 at 10-11k bottom, unless we broke main trend line...