MGT
Magnetite iron ore play in South Australia with 5Bln tonnes.
-Falling Broadening Wedge (Bullish)
-0.168 Fib Reversal
-targets marked on Chart
Plan,
Buy on break of falling resistance for confirmation at approx 0.038 entry.
Invalidation of trade or breakout @ approx. 0.035
Magnetite iron ore play in South Australia with 5Bln tonnes.
-Falling Broadening Wedge (Bullish)
-0.168 Fib Reversal
-targets marked on Chart
Plan,
Buy on break of falling resistance for confirmation at approx 0.038 entry.
Invalidation of trade or breakout @ approx. 0.035
Trade closed: stop reached
Stop reached. But may be sizing up here for another go.Note
Still on at marco 618 fib reversal zoneTrade closed manually
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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.
Related publications
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.