CFDTradingo

LON:RIO Corrective with Short Term Sell Opportunity

Short
LSE:RIO   RIO TINTO ORD GBP0.10
Hi Everyone, there is a sell setup for RIO -0.89% on the London Exchange.

It is in a corrective ascending triangle which we are waiting for to break down and out of. A high risk entry is available on lower time frames now which could bounce up off the lower trend line but otherwise we will wait for the break and retest of the lower trend line for the sell.

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