Inv Cup and Handle (Bearish) formed which the price broke below.
Price>200 - Bullish This is conflicting which shows sideways movement.
Target R451.27
Low prob trade due to SMC Read below
SMC
The price is at the moment in an Order Block (Sell Side Liquidity) Look at previous levels of supports (it's all around here at R514.70.)
This is where Orders get the long...
Target reached for Billiton from the falling pennant at R598.37
21>7 >200 - This tells us mixed feelings where the price could be moving sideways for the next few weeks.
RSI>50 - Still bullish bias
Wait for the next setup and breakout.
