MGT
Magnetite iron ore play in South Australia with 5Bln tonnes.
-Falling Broadening Wedge (Bullish)
-0.168 Fib Reversal
-targets marked on Chart
Plan,
Buy on break of falling resistance for confirmation at approx 0.038 entry.
Invalidation of trade or breakout @ approx. 0.035
Magnetite iron ore play in South Australia with 5Bln tonnes.
-Falling Broadening Wedge (Bullish)
-0.168 Fib Reversal
-targets marked on Chart
Plan,
Buy on break of falling resistance for confirmation at approx 0.038 entry.
Invalidation of trade or breakout @ approx. 0.035
Trade closed: stop reached:
Stop reached. But may be sizing up here for another go.
Comment:
Still on at marco 618 fib reversal zone
Trade closed manually
