Since my last update, the EGX30 has precisely followed the narrative and wave counts.
Right now we are headed to finalize wave 5 of the impulse. In the light of the escalating geopolitical tensions and the 2024 elections taking place in December 2023, there is a possibility for wave 5 to be much shorter than anticipated.
Personally, I hope we break the 21000 EGP level first where I am taking profit on all my positions, but I am considering a soft stop loss around 17K and a hard stop loss at 15K.
Right now we are headed to finalize wave 5 of the impulse. In the light of the escalating geopolitical tensions and the 2024 elections taking place in December 2023, there is a possibility for wave 5 to be much shorter than anticipated.
Personally, I hope we break the 21000 EGP level first where I am taking profit on all my positions, but I am considering a soft stop loss around 17K and a hard stop loss at 15K.
Trade active:
21K broken! Lets go!!
Trade closed: target reached:
I took profit on most of my open positions for the last two years and the rest is history.
Congratulations, everyone!
Congratulations, everyone!
