The ArcelorMittal (EURONEXT) Analysis, Chart, and Trading Idea
#MT
The trend is ascending. The downward inner structure is truncated. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the oversold state.
Trading idea:
Buy at the formation of the ascending wave structure, when wave (A) breaches 27.690 (pivot 2 of the wave …