EGX 33 (Egypt) Pattern Recognition Short Line Candle

SHARIAH Index   3,225  0.85  0.03%   
EGX 33 pattern recognition tool provides the execution environment for running the Short Line Candle recognition and other technical functions against EGX 33. EGX 33 value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of pattern recognition indicators. As with most other technical indicators, the Short Line Candle recognition function is designed to identify and follow existing trends. EGX 33 momentum indicators are usually used to generate trading rules based on assumptions that EGX 33 trends in prices tend to continue for long periods.

Recognition
The output start index for this execution was ten with a total number of output elements of fifty-one. The function generated a total of eight valid pattern recognition events for the selected time horizon. The Short Line Candle pattern describes signals for either bullish or bearish trend during either reversal or continuation condition of EGX 33 Shariah.

EGX 33 Technical Analysis Modules

Most technical analysis of EGX 33 help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for EGX from various momentum indicators to cycle indicators. When you analyze EGX charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

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