Anglo American showing downside with the JSE ALSI entering bear
Descending Triangle formed on Anglo American and the price seems to be breaking below.
If the ALSI continues down this will give a high probability short setup.
200>21>7 - Bearish
RSI<50 - Bearish
Target R405.50
If the ALSI continues down this will give a high probability short setup.
200>21>7 - Bearish
RSI<50 - Bearish
Target R405.50
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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)
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