Can we touch end of the channel 1100? We can know after pullback completed
Impressive run there from a commodities miner, yet may be due for a pivot soon. If we cross the skyline in teal, we are due for further gains. My aim is at Fibonacci extension 1.2 if that happens. Otherwise we are ABC correcting to 0.618 retrace of impulse. If you're going akimbo, make sure you come packing. Not financial advice.
A quick little pop above a long term trend line has retraced and proven the breakout has in fact occurred by return to the trend line from which it broke above. The fat red candle and the fat green candle border some sort of consolidation zone which must have acted as a reversal point. I will be looking for the price action to get above where I have set my stop...