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ALSITRADER
Oct 5, 2018 8:46 AM

$JSEBIL Short

Description

JSE:BIL

Broke above yesterday but by the looks it was false break.

As old saying goes from false moves come fast moves.

If market closes like this JSEBIL will probably go and back test bottom of the channel around 30000

Trade active

Nice follow up on JSEBIL short on Friday.

First target at 30500 second target at 30000

Trade active

JSEBIL almost at the first target at 30500

Next target should be around29800/30000 zone

Trade closed: target reached

Second target reached short closed

From 31800 to 29600

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