US steel could be reversing soon
While the macro has been bringing bearish news, you can’t cover your ears when the TA gods reach out.
Reasons for reversal:
- price near .886 pcz of huge weekly harmonic
- weekly bullish divergence on both indicators
- daily and 4h divergence on macd
- daily gap to fill at $13
- Trump to further deregulate US menufacturing
This should be a position trade held for over one year, leverage not recommended.
Disclaimer: this is not financial advice, please do your own research before opening a position
Hey everyone! If you enjoyed the idea please give a like and a follow.
Appreciate the support and much more to come :)
Reasons for reversal:
- price near .886 pcz of huge weekly harmonic
- weekly bullish divergence on both indicators
- daily and 4h divergence on macd
- daily gap to fill at $13
- Trump to further deregulate US menufacturing
This should be a position trade held for over one year, leverage not recommended.
Disclaimer: this is not financial advice, please do your own research before opening a position
Hey everyone! If you enjoyed the idea please give a like and a follow.
Appreciate the support and much more to come :)
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