Full Analysis + Trade Idea on ALCOA by ThinkingAntsOk

Use this as an idea to develop your own setup:

Main items we can see on the Daily Chart:

a)Price is against a major Support zone
b)We can see how the Bearish Movement have been decelerating
c)This on context is a good signal for thinking on Reversal movements coming soon
d)On the weekly chart, we can see a huge bullish Divergence
e)Our idea is to wait for a fake-out on the mentioned area + consolidation structure
f)If those items are accomplished we will set our orders on the explained areas on the chart.

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