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

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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:
snapshot

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