Bearish engulfing candle at resistance.
After a few doji candles, 
MTN has developed a bearish engulfing candle at a resistance level. This is the sign of a possible reversal. I will keep an eye on this and if it breaks lower, I will consider a short position taking it all the way to either the 200SMA or the support level at around 5500.
MTN has developed a bearish engulfing candle at a resistance level. This is the sign of a possible reversal. I will keep an eye on this and if it breaks lower, I will consider a short position taking it all the way to either the 200SMA or the support level at around 5500.手動でトレードを終了しました
It seems to have changed direction and we are now looking at a cup and handle pattern forming
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For more info about our training and mentorship visit suretrading.co.za
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