Tornado_Trading

Bullish divergence IP on 1W

Long
NYSE:IP   International Paper Company
Bullish divergence on many indicators, like Macd-h, EFI, and even macd lines potentially.
Interesting tail wich shows price rejection.
There is also an ATR channel divergence on price, and even an ATR channel dirvergence on EFI.

R/R 1:3.1
Entry: 31.33

Strategy:
1/3 right now
2/3 waiting for daily to come back as it's overbought and looks like forming a high


SL: 29.84
TP: 35.97



#2023003

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