Commodities have remained very cheap against the recent rise in Major World Indexes.
This includes iron ore.
And this cheapness can create opportunities in the iron and steel industry.
The price can get even cheaper.
The analysis does not contain a very high quality risk / reward ratio, but I think it is possible to make very profitable trades based on this idea in lower time frames.
Parameters
This includes iron ore.
And this cheapness can create opportunities in the iron and steel industry.
The price can get even cheaper.
The analysis does not contain a very high quality risk / reward ratio, but I think it is possible to make very profitable trades based on this idea in lower time frames.
Parameters
- Risk/Reward Ratio : 1 / 1.68
- Stop-Loss : 13.632
- Goal : 20.43
Nota
Nota
Slowly, we come to many beautiful places, not more, but the Stock is getting cheaper.Trade fechado: stop atingido
Stock performed poorly even in the Iron Ore rally.The stop level has exploded today, with iron ore decreasing up to 6%.
Nota
Look at the chance!
Visit our website for information on our invite-only private scripts, long-term backtesting results, and six-month free trial and evaluation period :
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Email : contact@noldoresearch.com
bit.ly/4j4sANJ
Email : contact@noldoresearch.com
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
Visit our website for information on our invite-only private scripts, long-term backtesting results, and six-month free trial and evaluation period :
bit.ly/4j4sANJ
Email : contact@noldoresearch.com
bit.ly/4j4sANJ
Email : contact@noldoresearch.com
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.