WS | June Q2 26' | Day Chart

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WS | June Q2 26' | Day ChartWorthington Steel, Inc.BATS:WSStudyGuideTAWorthington Steel, Inc ** T.A explained ** Multiple Time-Frame Analysis; Color Code | Strength favors the higher timeframe. Yearly timeframe = black Monthly timeframe = pink weekly = grey daily = red 4hr = orange 1hr = yellow 15min = blue 5min = green if they are shown. (Level visibility on intervals is set to timeframe the level was found on and below to keep chart view organized. Price action could use the daily / monthly FrontSide candle at $33.73 which was a monthly level adapted to the nearest untested range. The daily FrontSide candle or "order block" is then expected to have a monthly strength to it so wicks should be long reaching to / away from this level. The weekly accumulation trend will act as a magnet backed by the monthly inverse BackSide candle at $29.20 - expect deep dive this level as accepted risk. the 4hr level of support is at $30.31 The main ladder point is the weekly BackSide candle at $49.17. If price gets above that, price discovery kicks in. Price may just use the weekly accumulation trend and that weekly BackSide candle as a wedge until the end of the year before break out.