EGX:EGX30   EGX 30 Price Return Index
Based on today's performance, SenkoSpan B serves as a key support level for the EGX30, aligning with the 23.8% Fibonacci retracement. Wave 3 begins when reaching 27,000 Bar, expect couple of bumps.
It's disheartening, but hopeful trading can sometimes be a delusion. The DotCom bubble's commemorative date is March 10, coinciding with the devaluation bubble. The EGX30 in USD exposed the EGX30 in EGP's burn rate, influenced by COMI & TMGH. The prices of USD-hedged stocks reflect the 24,000 bar prices. This situation represents a potentially bursting bubble. Regrettably, incidents of friendly fire can occur due to miscommunication, misidentification, or errors during intense and chaotic scenarios.

Mohamed
THE Ichimoku MAN on the Nile
#traders4traders
For further insights, you are welcome to join my Telegram channel, Ichimokuonthenile.
t.me/ichimokuonthenile
or youtube www.youtube.com/@ICHIMOKUontheNILE
Frånsägelse av ansvar

Informationen och publikationerna är inte avsedda att vara, och utgör inte heller finansiella, investerings-, handels- eller andra typer av råd eller rekommendationer som tillhandahålls eller stöds av TradingView. Läs mer i Användarvillkoren.