PMETAL TRADE

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Price recently broke a multi-week resistance. We could see there’s a big red candle but very low volume on the first rebound. On the second rebound, there’s a doji candle with very high volume indicating that bulls are trying to push the price higher. The next candle is a big bullish engulfing candle with low volume indicating that sellers are out of the market and unwilling to push the price lower. Stops is 1 atr below and tp is before the highs.

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