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JSE:BLU - Daily Hammer

!!Counter Trend
  • Hammer on the recent 520 pullback
  • Limit ~465
Trade aktif
Rejected off 430 support.
Breaking 430 will trigger an exit as the next level of support is below soft stop at 390
Catatan
Today the price broke the 430 support but by the close of tradee the price had re-traced and ended in another hammer.

This is a great example of resisting taking actions intra-day. Wait for the candle to complete it's daily move.

Support is back at 450.
Trading ditutup: stop tercapai
Trade fell apart.
Gamblers call to hold at this point.

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