Exxaro Resources LtdShort
EXX Short after failed Long
After our stop loss was reached when it broke out above the consolidation zone, it became clear that our trigger to enter long was a false breakout of the consolidation zone. With yesterday's move, XJSE_EXX_CFD has broken out of the bottom of the sideways consolidation zone. Let's hope this short position works out better than the long position did.
XJSE_EXX_CFD has broken out of the bottom of the sideways consolidation zone. Let's hope this short position works out better than the long position did.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.