PonziCandle

ACL setup

Long
PonziCandle Updated   
JSE:ACL   ARCELORMITTAL SA LIMITED
Looking for a recovery to the previous failure.
Created new lows under July-Nov 2021.
We have gained on the 19th-20th on the smaller timeframe and now retesting as we speak.
We should impulse up to the previous failure if all goes well.
Comment:
If this small rejection holds, look for another new local low, then impulse to same target.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.