PSG - Rectangle play. Close above R165 triggers the long idea

2020年7月15日

Close above R165 triggers long idea. First target at R175 and second target at R190. Below R155 short term down trend continues.

2020年7月24日

交易進行

Hasn't managed to close above R165 yet so long trade has not triggered yet.

2020年8月2日

交易進行

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.

2020年8月10日

交易結束：達到停損點

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.