Its been an interesting week for Sasol, even pushing up to fill the gap , lets quickly check what to expect this coming week.
At (1) is where we saw a retracement , which serves as a confirmation of this analysis. Traders can trade the correction for investors its a trap?
At (2) is where i expect the push up to end, before we continue downwards again. Should price push above (2)? ===> (3)
At (3) , is where i expect the push to end , should it break past (2), looks familiar? double top ? possible...
At (4) is where i am eyeing at most...lets quickly break down the area, R82 1st support , R77 2nd support , R84.5 key turning area , R88 1st resistance , R91 2nd resistance.
Comment: RSI shows a bearish market , im going short....
At (1) is where we saw a retracement , which serves as a confirmation of this analysis. Traders can trade the correction for investors its a trap?
At (2) is where i expect the push up to end, before we continue downwards again. Should price push above (2)? ===> (3)
At (3) , is where i expect the push to end , should it break past (2), looks familiar? double top ? possible...
At (4) is where i am eyeing at most...lets quickly break down the area, R82 1st support , R77 2nd support , R84.5 key turning area , R88 1st resistance , R91 2nd resistance.
Comment: RSI shows a bearish market , im going short....
Trade attivo:
Sol is currently trying to break through my point 2, a strong break through 153 will invalidate the first reversal.
Commento:
An invalidation of my (2) point we are looking at a range of 184 to 213 which is my (3) point...i think thats what everyone wants haha.....