taftrader

Kijun Bounce!

Long
taftrader Updated   
JSE:JBL   JUBILEE METALS GROUP PLC
It looks like we are bouncing off the kijun zone (yellow). This zone was an important support back in 2017 and it seems to be still a good support zone. If my thesis is correct we should rally to around 89-90 and then drop again from the double top formation.

Entry 75
SL: 69
TP: 89 ( SSB Level)
RR: 2.33

Manage that risk appropriately!!
Trade closed: target reached:
Very clear refusal from market
Trade closed: stop reached:
Sorry meant the red one

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