Aveng short potential symmetrical triangle - Target R8.08
Symmetrical Triangle has formed on Aveng... With the property prices on the way down with the global crash, we can expect the price to drop further... However, as traders we need to wait for a breakdown first, to confirm...
This could very well break up and we could have a Reversal Bull Symmetrical Triangle.
But right now the bias is bearish with a target at R8.08
This could very well break up and we could have a Reversal Bull Symmetrical Triangle.
But right now the bias is bearish with a target at R8.08
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Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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