taftrader

Trend Line support

做多
taftrader 已更新   
JSE:OUT   OUTSURANCE GROUP LIMITED
There is a trendline that seems to be getting respected from end of August. I expect this to continue and will turn last weeks 3 bearish daily candles into bulls this week. Also supporting this thesis is the fact that on the monthly we seem to be getting rejection from a support area that was initial resistance broken in April 2014.

Entry: 3 small positions close of Friday's candle 3012
SL; 2953
TP1: Short Term 3140
TP2: Medium Term 3240
TP3: Long Term 3530

Risk Management is King. . . .
交易结束:到达目标:
the 1st TP reached. . .we wait for the other
交易结束:到达止损:
We got stopped out our 2 remaining positions.The bearish momentum is strong

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