Steel in strong high-quality trend: use as "higher TF"

٨ مارس ٢٠٢٢

Strong trend. Can serve as the "higher TF" for smaller TF trades.

POI's:

• Steel broke out from downtrend
  POC is supporting the main uptrend.
  If already long on the daily. TP at $46.50, the highest price reached by previous peeks
  The anchored vwap is shown below - a close-up of the trend.
  

Have not chosen a trade/plan yet. Hope this is useful as the "raw material".

Zoom: