MGT- wick broke above 200 ema
- candle broke res and wick approached more res
- ADX at 27 with the pdi above ndi
MGT
$MGT $MGT.ax $MGT
-Daily EMA's Crossing (just)
-Supply has been cleared on high volume
-3 Month Consolidation pullback and retest of previous Support Zone.
Iron Ore up to US$150.88 per tonne
A reclaim of the supply level would be really bullish.
$MGTMGT
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
MGT LongBought into MGT today at 0.015.
STOP LOSS between 0.013 - 0.012
Resistance level expected at about 0.028
FIRST TARGET = 0.018
CONSERVATIVE TARGET = 0.028
AGGRESSIVE TARGET = 0.035
GU H4GU break trandline price going up.. buy at Retracement to the trandline see a revesal candle or pullback
USDCAD H4Price turun dulu sehingga support area dan base daliy. Dan price akan naik sehingga QML lvl diatas
CASI TIME TO SHORTCASI TIME TO SHORT. It is hitting the red resistance line. Once it hits back the green line we can go long.
$MGT breakout, looking for follow through momentum$MGT just broke out of consolidation, watching for a r/g move tomorrow for continued push higher, risk on the on the breakout
MGT set for corrective waves?Wave 1- ~270-312
Wave 2- 311-289
Wave 3- 293- 360
Wave 4 (perpendicular to first wave)- 359- 327
Wave 5- 318-333
$MGT short into major parabolic move intradayI'll be watching $MGT tomorrow for another short into a major parabolic move, or any crack of support.
