EGX30 - good news or last chance ?

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EGX30 - good news or last chance ?EGX 30 IndexEGX_DLY:EGX30GeorgeShokryEGX30 – Daily Time Frame EGX30 turned negative on the weekly chart after closing below 54,000, but a positive signal emerged on the daily chart. The index formed a bullish harmonic pattern as prices rose from 52,800, accompanied by a bullish candle suggesting buyers may take control from here. Trade setup: - Entry: around 53,000 to 54000 - Stop loss (daily): 52,750 - Targets: 54,400 – 55,380 – 56,480 If prices fail to break the last high at 56,937, the market will show weakness. Conversely, if prices rise from here and close above 55,000 on a weekly basis, the break below 54,000 will be considered a false break. We'll see what happens next week, which is very important, as it will reveal results for the end of September and the third quarter of 2026. Disclaimer: This is not investment advice, only my analysis based on chart data. Consult your account manager before making any investments. Thank you, and good luck.