I have traded this both successfully and unsuccessfully in the past. It just looks oversold, it could be bottoming soon.
There is a larger uptrend that hopefully resumes soon.
Bought today 6.13, stop at 6 to give it wiggle room.
There is a larger uptrend that hopefully resumes soon.
Bought today 6.13, stop at 6 to give it wiggle room.
Trade closed: stop reached
Feels like the slugging economy is dragging industrial metals down.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.