Steel in strong high-quality trend: use as "higher TF"
Strong trend. Can serve as the "higher TF" for smaller TF trades.
POI's:
Have not chosen a trade/plan yet. Hope this is useful as the "raw material".
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POI's:
- Steel broke out from downtrend
POC is supporting the main uptrend.
If already long on the daily. TP at $46.50, the highest price reached by previous peeks
The anchored vwap is shown below - a close-up of the trend.
Have not chosen a trade/plan yet. Hope this is useful as the "raw material".
Zoom:
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