I think it is a perfect head and shoulders formation 1h & 30Min time frame
GBPAUD is good oppourtunity for long, head and 2 shoulders formation
$EGX30 a threat to break the uptrend that was created 17 years ago. EGX30 is the major index of Egypt stock exchange which showed uptrend from 2002 two major technical sign for downside Head and two shoulders
if it confirms the breaking the black downtrend the wave 3 is our target
I think the market is more bearish than bullish because of the Downtrend but the Bollinger band charts, Furthermore, it seems neutral from MACD.
After COVID19 Pandemic, this is a perfect example of good potential stocks. Brack downtrend then follow the uptrend NYSE:HLT