A short position has been triggered on VELOCITY:XJSE_BTI_CFD
The order was placed based on the crossing of the EMAs as well as the turning down of the stochastic and the MACD
We are looking at a target at the 563 level which it last traded at in December 2021
VELOCITY:USDZAR is showing signs that it might be heading downwards. Although none of our indicators have crossed just yet, if the price action continues downwards we could be looking at a nice downward move. I have set the take profit to 1:2 Risk to Reward. I think that is pretty aspirational, so if the trade is triggered, I will monitor it and adjust the stop...
