The price of Iron Ore is coiling in a large triangle (blue uptrend & yellow downtrend) and a breakout in either direction is imminent. Bias would most likely be to the upside as there is quite a bit of support - TL and Horizontal - around 98.
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.