A strong base for another climbing?

٢ مايو ٢٠٢١

BUY
- Buy around 1.77 after the breakout from the consolidation
- Best entry was at the breakout of 1.63 with two inverted hammers which signified a shooting star and gravestone doji afterwards
- However, it rebounded after touching 1.63, opened at 1.64 and straight towards 1.77

SELL
- SL is around 1.70
- Observe accordingly since there are multiple resistances from years back

RATIONALE
- Reduced volatility towards the right of the chart
- Steel sector is doing great

**the analysis is solely for my own references and learning

٦ مايو ٢٠٢١

ملاحظة

Bound to challenge previous high