Spar showing mixed signals but bullish bias to R160.11
Spar has formed an Inverse Head and Shoulders
Since it hit our Short sell target, it's been forming the pattern.
However, as with most markets we are getting a bit of mixed signals.
7>21 <200 (Mixed)
RSI >50 Bullish but turning.
My target remains to be R160.11 but this is a medium probability trade.
Since it hit our Short sell target, it's been forming the pattern.
However, as with most markets we are getting a bit of mixed signals.
7>21 <200 (Mixed)
RSI >50 Bullish but turning.
My target remains to be R160.11 but this is a medium probability trade.
✅ Facebook:
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
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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