Setting the positive fundamentals aside with the soon to be released MetalPay IOS App (Hello FOMO!), I've noticed a recurring trend with the MTL Daily chart to give a good buy zone target between 350-385 Sato.
If you watch the trending Lower highs resistance line and the RSI trends during those same periods, we appear to be in the middle of a 3rd consecutive pattern. According to the 12-13 day cycle, we should be seeing a bounce off the support line in 2-3 days around the 350-385 sato range as the RSI reverses itself.
If you watch the trending Lower highs resistance line and the RSI trends during those same periods, we appear to be in the middle of a 3rd consecutive pattern. According to the 12-13 day cycle, we should be seeing a bounce off the support line in 2-3 days around the 350-385 sato range as the RSI reverses itself.
Trade fechado: objetivo atingido
MTL dipped right into the target buy box and my trade was executed.
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Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.