ICHIMOKUontheNILE

Correction didn’t end

做空
EGX:EGX30   EGX 30 指数
Bearish sentiment is flying around.
There is no logic behind today’s market crash other than Margin Call from brokerage firms.

Hopefully tomorrow will be the last correction day .

Correction wave(A) might end, Senko Span (A) will slightly decline.
This is confirmed by Chikou span.
For the next 9 consecutive period, an upward trend is more likely to occur.
EGX 30 is still up trending; chikou span is higher than the previous 26 day bar.
27750 mark can be reached, however, the 28500 is more likely to be reached in the first 1H.

Tomorrow’s closing price is most likely to be equal to =
today’s closing price
Less
(Thursday closing price - Sunday’s closing price)

Can you do the math?

Please challenge my idea, and correct me if I am wrong.

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
免责声明

这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。