The resistance at its peak looks even stronger looking back to historical prices, it might get some support around $6 and avoid the pattern. But everything has changed since that long ago, so not sure its still relevent to go that far back.
https://www.tradingview.com/x/yrCQVR3V/
Iron Ore Price, page-18127
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Last
$22.10 |
Change
0.100(0.45%) |
Mkt cap ! $68.04B | |||
| Open | High | Low | Value | Volume |
| $21.99 | $22.22 | $21.87 | $84.79M | 3.834M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 9803 | $22.09 |
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| Price($) | Vol. | No. |
|---|---|---|
| $22.11 | 10620 | 3 |
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