TARGET REACHED: Motus hit the expected price at R105.32
From the last update on 23 February, we saw Motus form a Reverse Cup.
The price broke below the brim level and the indicators were all negative.
21>7>200 - Bearish
RSI<50
The price hit the target of R105.32
The trends are all down and bearish, and there is no incentive to buy the low on my charts. I don't believe in BTD (Buy the Dip). I believe in Buy high sell higher. Sell short buy lower.
Simple.
The price broke below the brim level and the indicators were all negative.
21>7>200 - Bearish
RSI<50
The price hit the target of R105.32
The trends are all down and bearish, and there is no incentive to buy the low on my charts. I don't believe in BTD (Buy the Dip). I believe in Buy high sell higher. Sell short buy lower.
Simple.
✅ Facebook:
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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