meszaros

CLF long entry NOW.

Long
NYSE:CLF   CLEVELAND CLIFFS INC
The exchange rate broke on the acquisition of AK STEEL. The degree of decrease is consistent with the fractal correction rule. The ATR endpoints (red rectangle ) double, so this rule applies upwards (yellow rectangle ). This is an increase in exchange rate volatility . Therefore, there is a very good opportunity to take a long position.

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