See link below for previous analysis.
There is a case to be made that the bounce from 11036 cps is a five wave impulse.
The correction looks like a flat pattern which must hold above 11036 to keep the bullish outlook valid.
A break above 15000 cps without first breaking below 11036 cps will add to my conviction that Sasol bulls are back.
Bullish with a stop-loss @ 11036.
There is a case to be made that the bounce from 11036 cps is a five wave impulse.
The correction looks like a flat pattern which must hold above 11036 to keep the bullish outlook valid.
A break above 15000 cps without first breaking below 11036 cps will add to my conviction that Sasol bulls are back.
Bullish with a stop-loss @ 11036.
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Related publications
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.