ArcelorMittal - Worth the risk. Potential setup.

31 янв.

There are specific price levels back in 2020 that have been hit. After that we see some sort of achievement which results in a trade setup as we now have to come back to test another specific area. This all has to happen in a specific sequence too... and all this despite news. If we do execute this sequence and reach 200 we should then hold 160ish to possibly push further. The possibility of going to 800 again is not out of the question either. So this entry might be a banger. Trade safe and manage your risk.

"Amidst the volatility of financial markets, the echoes of 2020's price levels serve as guideposts for astute traders, illuminating the path to profitability. With each revisit, we uncover hidden opportunities, each trade setup a testament to our understanding of sequence and strategy. Armed with this knowledge, we traverse the charts with confidence, confident in our ability to navigate the complexities of the market and emerge victorious. Yet, amidst the relentless barrage of news, our journey unfolds with unwavering resolve, adhering to the precise sequence mapped by historical insights. As we chart our course towards the coveted threshold of 200, we brace ourselves for the crucial test at 160ish, knowing that success here could propel us to even greater heights, perhaps even revisiting the lofty peak of 800. It's a prospect that ignites excitement, hinting at the potential for substantial gains. With diligence and risk management as our steadfast companions, we embark on this endeavor, poised to seize the moment and unlock the full potential of this remarkable entry. Trade safe, stay vigilant, and let's ride the waves of opportunity to prosperity." - ChatGPT