Diamond Formation has formed since September 2022.
This is a weekly chart because MTN is by far the most difficult market to analyse.
It is famous for moving sideways for extended periods of time. Then it eventually breaks out and moves in a trend for a short but powerful period.
This is only a market for trend traders who wait for the big move.
Or for range bounded traders who buy and sell within the range.
My ego is not high enough to choose a direction, so when it breaks out - we can choose to go long or short.
7=21
Price>200
Target up R203.90
Target down R60.65
This is a weekly chart because MTN is by far the most difficult market to analyse.
It is famous for moving sideways for extended periods of time. Then it eventually breaks out and moves in a trend for a short but powerful period.
This is only a market for trend traders who wait for the big move.
Or for range bounded traders who buy and sell within the range.
My ego is not high enough to choose a direction, so when it breaks out - we can choose to go long or short.
7=21
Price>200
Target up R203.90
Target down R60.65
🌐NEW Website 2025:
mati-trader.lovable.app/
✅ Facebook:
facebook.com/groups/matitrader
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
mati-trader.lovable.app/
✅ Facebook:
facebook.com/groups/matitrader
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
🌐NEW Website 2025:
mati-trader.lovable.app/
✅ Facebook:
facebook.com/groups/matitrader
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
mati-trader.lovable.app/
✅ Facebook:
facebook.com/groups/matitrader
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.