we can know that it's trending up just by looking at HH and HL, we also know that the down wave is just a correction in an up trend so we can predict the end of the correction by several things, especially price behavior, and its behaving as a fractal to the previous corrective wave, in this case, we can be sure that a continuation to the upside is nearby, this market behavior is typical we see it all the time in trending markets, you don't have to be an expert to know that EGX30 is gonna go up and the Egyptian stock market going to start the rally in a matter of days,
Enjoy ,,
Enjoy ,,
Comment:
70% and even more is expected
Trade closed: target reached:
25784 done, 195% return on investment .. not bad for spot trading
around 55% ROI, now some are going to cash out wait for the corrections, and ride it again, and some will continue building more positions for long-term investment, it depends on your situation, as a scalper myself I cash out, and come back later when I see another dip ..