FIRSTRAND LTD
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POSSIBILITY OF AN UPSIDE PROJECTION (CONTINUATION)

121
FSR is very much bullish but we had sideways movement (accumulation of orders) from March 2022 to July 2024 finally we took liquidity and we had an impulse movement to the upside (Elephant stepped in the pool). The market after breaking the structure it maintained above external high showing intention of a bullish bias, Ey I would be unreasonable to think the market will just push up without a retracement making the price efficient before the bull run..... The back bone of the setup is momentum the correction down to my point of interest is something I could wish for -this is textbook- the concept "sprint & recovery" fits this to perfection. My stops will be around R56.50 stop loss represents where your setup is no longer valid

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.