Can the index EGX100 escape a bearish double top pattern?
Daily chart,
Index EGX100 needs some correction, and probably will rebound from 7550 - 7500, to re-test the resistance line.
Below 7409 will form a bearish double top pattern, leading to 6865, which is below the support line #1 !
Just be careful!
Index EGX100 needs some correction, and probably will rebound from 7550 - 7500, to re-test the resistance line.
Below 7409 will form a bearish double top pattern, leading to 6865, which is below the support line #1 !
Just be careful!
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