NEDBANK has formed a shooting star pattern followed by a bearish engulfing candle. Both of these are signs of a potential reversal, so I think we could be seeing a nice short position coming up soon.
For more info about our training and mentorship visit suretrading.co.za
Also on:
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.