Fawry long termFawry is trading inside down channel we have to break the resistance to become bullish again
SKPCHI traders
I think the stock has more than one positive pattern, as shown in the chart
Good luck guys
Fwry Pitch Fork
The technical indicator known as Andrews Pitchfork is not that well known and is rarely used by novice traders. However, it is a quick and easy way for traders to identify possible levels of support and resistance for an asset's price. It is created by placing three points at the end of previous trends and then drawing a line from the first point that runs through the midpoint of the other two points. The reason this indicator is called a "pitchfork" becomes apparent from the shape that is created in the chart.
Fib Channel
The Fibonacci channel is a technical analysis tool that is used to estimate support and resistance levels based on the Fibonacci numbers. It is a variation of the Fibonacci retracement tool, except with the channel the lines run diagonally rather than horizontally.
Mixing Both and having some Trends to let the price walks on...
At the end ....
Dance With me.
Best Regards.
Time closes to invest in fawry I think we will se dump to fawry share to the end the channel at 5.49 the will be great dip cause it meets 0.618 fib extension to the wave a in the bigger c and 0.618 to the major wave in this correction
Targets
26
33
41
Lift Slab analysisBreaking 0.306 L.E most probable will change the behavior to uptrend
Other Resistances 0.32 , 0.35, 0.4 ,0.45, 0.56
TRADING IN A NUTSHELLThis demonstration shows how the market generally behaves and how to trade these behaviors,
It represents the main two states of the market "stable state" and "trending state",
In this figure, you can get an idea of how and where to enter the market and how and where to exit,
You can also understand that each market state should have its own trading style,
I hope ideas like these inspire you and help you trade better.
it is in the bottle nick just lets make sure it passes the blue trend line and the target is the top of the channel
FAIT targets These are the target of the Faisal Islamic Bank
Its on its way the the top of the channel .. lets watch
