STLD 6% upmove from 122.50 to 130Technicals :
1. Monthly - bullish
2. Weekly - bullish
3. Daily - RSI Positive Reverse Divergence
Trade setup :
1. Entry : 122.50
2. Stop Loss : 119.75
3. Risk : 2.75 points
4. Target : 130
5. Profit points : 7.5 points
6. R/R : 2.75 : 7.5 = 1:3
@purvishdiwanji
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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.
@purvishdiwanji
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.