LSTEEL trade ideas
Trading Idea LSTEEL (29/3/2021) Trading Idea LSTEEL (29/3/2021)
- Accumulation phase
- Buying opportunity in yellow zone
- Target and stoploss as drawn
Disclaimer: This trading idea is strictly intended for informational purposes only so please do your own analysis before making any investment decision.
LSTEEL going for monthly resistance. LSTEEL going for monthly DTL resistance at 63.5.
Opportunity to go long on DTL/triangle breakout in 1H TF, first TP at TL3 and consequence TPs at TL2 and TL1.
A possible price direction is to touch TL4 before rebounding. Go long at the touch of TL4 with CL point at the break of TL4.
