ABSA Short
Updated
ABG has broken out of the symmetrical triangle pattern that had formed.Today it seems to be retracing a bit and you might find that it will bounce off the resistance before continuing downwards.
Depending on your risk appetite, you can enter a short right away or wait for a retracement and bounce before entering.
Note
It has now formed a Bullish Engulfing candle pattern, so be careful in this trade going forward as it might continue upwards
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