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NLMK Trading Analysis (07/08/2024)

07.08.2024

Market Review

The descending wave structure is truncated. The Harami Pattern has formed on the D1 timeframe. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals an oversold state.

NLMK price chart

Trading idea:

  • Buy at the breach of 164.00.
  • Stop-loss at 158.00.
  • Price targets at 172.70 and 181.50.


#nlmk #stock #tradersroom #daytradingpatterns #forexexpertadvisor

Penulis: GC
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