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.