CLF before rising 25%...

A split graph is shown in the analysis. The figure on the right (monthly time) shows a fractal structure. Those who have been dealing with fractal strategies for a long time may have noticed that fractal movements can take many forms. Near significant levels or along axes. Current analysis assumes that a monthly MA (50) MA can start a fractal movement. If the idea is correct, then the CLF stock has a correction level of 6.87 usd. This is the level where we expect the exchange rate to turn. Let's go back to the left chart (time of day) In this chart, we already have an ATR calculation. The point here is to add the distances of the MA (200) and the MA (50) to the short-long ATR. This is the target price. If calculated correctly, the primary target price for the exchange may be 9.22 usd. Therefore, the current level is more than enough to take long positions.


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