Multichoice showing upside before downside thanks to GAPS - SMC
Sell Side Liquidity Order block - Bullish
This is seen by a very strong support that's formed since October 2022.
We also have had a FVG (Fair Value Gap) Candle. This is where the previous candle and the third candle hasn't filled the orders.
That's why we expect the price to go up, fill the gap and then possibly turn down from here.
Target R140.00
If the price breaks below Sell Side Liquidity- this analysis will be null and void and all signs will point to shorts.
This is seen by a very strong support that's formed since October 2022.
We also have had a FVG (Fair Value Gap) Candle. This is where the previous candle and the third candle hasn't filled the orders.
That's why we expect the price to go up, fill the gap and then possibly turn down from here.
Target R140.00
If the price breaks below Sell Side Liquidity- this analysis will be null and void and all signs will point to shorts.
✅ Facebook:
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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