Well, sell/short signals don't come much easier than yesterday's and today provided confirmation of the top at 166p, just 1p above the target.
The short term uptrend channel provided support at close, but another bearish day tomorrow will give a hat-trick of bear candle patterns: bearish engulfing, three outside down and then three black crows. We'll have to wait and see on the latter (they're not common) but the top of the rise seems clear for now.
Really classic trading today and easy money if you could get the position.
The short term uptrend channel provided support at close, but another bearish day tomorrow will give a hat-trick of bear candle patterns: bearish engulfing, three outside down and then three black crows. We'll have to wait and see on the latter (they're not common) but the top of the rise seems clear for now.
Really classic trading today and easy money if you could get the position.