I've been talking a lot about MTL -1.32% -1.32% , and I was hoping to post a very straightforward trade for those following along. MTL -1.32% -1.32% looks to be painting a with a measured move that lines up with key resistance and support zones from the larger triangle formation. While it is early and the may be invalidated, there is a clear zone for stop loss and high upside to give a very nice risk:reward. I tried to make the entry and stops similar to where I would put them for myself. Happy trading!
Invalidated. New Trade!