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RossLarter

DSY Symmetrical triangle and descending resistance breakout

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DISCOVERY LTD (JSE:DSY)  
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Trend Analysis Triangle Fractal jse ALSI ZAR southafrica discovery DSY
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trendanalysis triangle fractal jse alsi zar southafrica discovery dsy
DSY has broken out of a symmetrical triangle in conjunction with a break out of a descending resistance line.
There is also a fractal that has formed on the top of the candle of the 30th of May.

If it breaks through this level of the fractal, I will consider a long position.
Komentar:
Doing well so far, but be aware of the bearish harami that formed yesterday. If it confirms downwards I'll look at entering a short.
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