EGX70: Bullish Trend Remains Intact

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EGX70: Bullish Trend Remains Intact EGX 70 EWI IndexEGX_DLY:EGX70EWImnmabroukw36ixπŸ“Š EGX70: Bullish Trend Remains Intact πŸš€ πŸ” The Pulse: The EGX70 remains bullish across all major time frames. πŸ“ˆ Last week's pullback appears healthy and does not damage the overall uptrend. πŸ”„ The index still has multiple bullish scenarios that favor higher prices. πŸ’Ž Only a break below 14,365 would invalidate the current bullish outlook. ⚠️ Until then, buyers remain in control. πŸš€ 🧱 The Key Structural Boundaries πŸš€ Bullish Scenario 1. The index holds the green trend line and resumes the rally toward new all time highs. 🎯 Bullish Scenario 2, 14,940. The index completes the ABC correction, fills the fair value gap inside the golden zone, and resumes the uptrend. πŸ›‘οΈ Bullish Scenario 3. A deeper pullback reaches the major order block, which contains a fair value gap and offers a high probability reversal zone. πŸ”΄ Invalidation Level, 14,365. A break below this level would shift the medium term outlook to bearish. 🎯 The Verdict The technical structure remains constructive across all time frames. The recent pullback looks like a healthy correction rather than a trend reversal. Multiple bullish scenarios remain valid while price stays above 14,365. Only a close below this level would change the market outlook. --- If you like my insights, follow and boost! πŸ™ŒπŸ’™πŸš€ 🎁 $15 TradingView Discount: πŸ”— https://www.tradingview.com/pricing/?share_your_love=mnmabroukw36ix βœ¨πŸ’ΈπŸ€‘