MandisiMdluli

MandisiMdluli

Here i've spotted an ascending channel and within the channel we've got a rising wedge,& the price has broken out impulsively out of the small rising wedge within the ascending channel. So my bias on this setup is its a high probability trade. Lets see how it goes.🏆

MandisiMdluli

I've spotted that the market shot impulsively to the downside & corrected in the pull back & and it did it again which still supports the evidence that the market is in a bearish momentum. So currently the market is still in an exhaustion phase and we are anticipating an impulsive move to the downside indicating a continuation to the downside.

MandisiMdluli

EJ has broken out of a Res structure impulsively & may potentially rally up.