Coal has a fundamental demand with a strong technical uptrend.
Current drop from recent highs of $3.6 looks ready to resume with strong support at $2.3.
Fundamentals: N/A
Technical: Support @ $2.3 and break above market structure at $2.6
Starter was taken at $2.3 now at full size with break above $2.6.
Target: $2.75 - $2.80
Current drop from recent highs of $3.6 looks ready to resume with strong support at $2.3.
Fundamentals: N/A
Technical: Support @ $2.3 and break above market structure at $2.6
Starter was taken at $2.3 now at full size with break above $2.6.
Target: $2.75 - $2.80
Trade closed: target reached