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RossLarter
Oct 21, 2019 8:56 AM

Descending Triangle on Multichoice Short

JSE:MCG1D
MULTICHOICE GROUP LTDJSE

Description

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JSE:MCG has formed a descending triangle candle pattern. The candles are wedging into the corner of the triangle and will be breaking out soon. If it breaks out the bottom, this will confirm the signal for a short position.
Trend AnalysisCandlestick AnalysisChart PatternsjseALSIZARsouthafricamultichoiceDescending Triangle
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