See link below for previous analysis.
There is a case to be made that the bounce from 11036 cps is a five wave impulse.
The correction looks like a flat pattern which must hold above 11036 to keep the bullish outlook valid.
A break above 15000 cps without first breaking below 11036 cps will add to my conviction that Sasol bulls are back.
Bullish with a stop-loss @ 11036.
There is a case to be made that the bounce from 11036 cps is a five wave impulse.
The correction looks like a flat pattern which must hold above 11036 to keep the bullish outlook valid.
A break above 15000 cps without first breaking below 11036 cps will add to my conviction that Sasol bulls are back.
Bullish with a stop-loss @ 11036.
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