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taftrader
Dec 15, 2019 9:02 PM

Kijun Bounce! Long

JUBILEE METALS GROUP PLCJSE

Description

It looks like we are bouncing off the kijun zone (yellow). This zone was an important support back in 2017 and it seems to be still a good support zone. If my thesis is correct we should rally to around 89-90 and then drop again from the double top formation.

Entry 75
SL: 69
TP: 89 ( SSB Level)
RR: 2.33

Manage that risk appropriately!!

Trade closed: target reached

Very clear refusal from market

Trade closed: stop reached

Sorry meant the red one
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