Long
PSG - Rectangle play. Close above R165 triggers the long idea
Close above R165 triggers long idea. First target at R175 and second target at R190. Below R155 short term down trend continues.
Trade active
Hasn't managed to close above R165 yet so long trade has not triggered yet.Trade active
After making a nice move above R165 it made an ugly return to the bottom of the range at R1155. Close below that level would mean that the bears are back in control. Trading very closely with CPI as well.Trade closed: stop reached
A horrible reversal on the 30th of July gave us signs of a reversal. Below R155 the trade was stopped. A close below R147 would trigger a short idea.
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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.