Africa Energy support levels holding
It tested twice the 1.45 daily support.
First time in June it bounced out of it but been stopped by the 50 SMA in confluence with the 1.66 Daily resistance.
Now the 50SMA will get weaker in the coming days.
Probably a good opportunity for a rally to occur.
It may want to go test the 1.29 weekly support level so I put a risk of 15%.
Set the risk at 5% if you believe the 1.45 daily support will hold.
Wait and see...
First time in June it bounced out of it but been stopped by the 50 SMA in confluence with the 1.66 Daily resistance.
Now the 50SMA will get weaker in the coming days.
Probably a good opportunity for a rally to occur.
It may want to go test the 1.29 weekly support level so I put a risk of 15%.
Set the risk at 5% if you believe the 1.45 daily support will hold.
Wait and see...
Dagangan ditutup: sasaran tercapai:
Target reached