Inv Cup and Handle formed on Sasol and we knew once there was a break below the brim level, downside was to be followed
The other indicators via peripheral also confirmed it as 200 > 21> 7
RSI<50 (Lower highs)
Target hit was R221.40
Now the trend is still down, there aren't many strong levels of support (liquidity). So this means, we are still looking for shorts.
But will send out another trade idea when it lines up.
The other indicators via peripheral also confirmed it as 200 > 21> 7
RSI<50 (Lower highs)
Target hit was R221.40
Now the trend is still down, there aren't many strong levels of support (liquidity). So this means, we are still looking for shorts.
But will send out another trade idea when it lines up.
✅ Facebook:
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
✅ Facebook:
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.