@VillageTraderZA - Commodities the only game in town

The last 3 days of the past week was quite bearish. With a reversal pattern of a bearish engulfing candle. I think the market is about to shake of it’s first set of “weak hands”. With bullish conditions I think the reversal pattern is as a result of a stale bulls from the commodity super circle boom seeing profits for the first time since March 2021. Some people were caught and set with a losing position for a year and would be happy to break even or take the profits they haven’t seen in a year. We could see the market come to the R2237 resistance and provide good buying opportunities to pick the “dip”. I will be looking for a reversal pattern back to the upside this week. To raise my stop and add to my position.