EGCH timeframe: 1 week Identified a bearish Gartley pattern with:
- Sell point: 11.00
- Targets: T1 at 9.55, T2 at 8.52
- Stop loss/rebuy: 12.00
However, prices may still rise if the weekly RSI closes above 70. Currently, MACD and RSI show no negative signs, and EGX30/EGX70 are reaching new highs, suggesting potential upward movement.
Disclaimer: This is not investment advice; consult your account manager before making decisions. Good luck.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.