2019-01-09

EGX30 UPDATE

IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
EGX30, DAILY RANGE , TODAY‘S CANDLESTICK IS ONE OF THE MOST IMORTANT CANDLESTICK EVER IN THE VSA ANALYSIS , WE HAVE UPTHRUST BAR
UPTHRUST BAR IS A WIDE RANGE BAR WITH A HIGH VOLUME(SUPPLY OVERCOMING ANY DEMAND) AND CLOSING NEAR  THE LOW OR TO THE LOW, THIS ACTION MOST LIKELY IS SEEN AFTER SIGNS OF WEAKENSS AND  MARKS THE START OF A FALLING  MARKET, SO IF THE MARKET START TO DECLINE BE CAUTIOUS OF BREAKING THE SELL LINE , AND MOINTOR CLOSELY 13000-13200 AREA (SUPPORT BREAK
BE TUNED