Motus showing upside to R146.52 but we need to wait
Premature W Formation has formed on Motus.
Right now it's battling between the sideways formation along with the resistance being the top of the trend line and the boss 200MA...
Once it breaks above there, it will test the neckline. If it tackles through the neckline, only then will it look good enough for upside to come.
But first, we need to wait for break
Target R146.52
Right now it's battling between the sideways formation along with the resistance being the top of the trend line and the boss 200MA...
Once it breaks above there, it will test the neckline. If it tackles through the neckline, only then will it look good enough for upside to come.
But first, we need to wait for break
Target R146.52
✅ Facebook:
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
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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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