MT Buy Opportunity LoadingCommodities have remained very cheap against the recent rise in Major World Indexes.
This includes iron ore.
And this cheapness can create opportunities in the iron and steel industry.
The price can get even cheaper.
The analysis does not contain a very high quality risk / reward ratio, but I think it is possible to make very profitable trades based on this idea in lower time frames.
Parameters
Risk/Reward Ratio : 1 / 1.68
Stop-Loss : 13.632
Goal : 20.43
