Copper sold at 875 , 863 Target hit 857,852 next Target

How to take trades using Harmonic pattern projection Trade setup is explained below :-


To take fresh trade in Buy/ Sell side we have to check if Price if Above / below 23.6 mentioned as D(23.6%)
Then we can take fresh buy or sell trade with SL or recent high/ low mentioned as point D( 0 %).

Targets :

T1: 35 % to 38.2 % level is our 1st Target

( This is reversal zone so if price taking support and not break zone then book profit. If breaking then hold trade with SL just above or below cost)

T2: 50% level is our 2nd Target

T3: 61.8% to 65 % is our 3rd Target

( This is also reversal zone so we have to book profit at this area and if break then take fresh entry with SL of 2nd Target 50% .)

Next Targets are 78.6 % , 88.9 % 100% , 113.5 % , 127.2% , 138.2% ,150% and 161.8% to 165%.

161.8 to 165% if profit booking area so book full profit and wait for reversal.

How to take reversal trade :

If price going upside/ downside then then buy or sell levels appear on Chart ( Automatically show when price reach any reversal zone of harmonic projection parlttern based .
After showing reversal levels wait for confirmation until 23 .6 % level not break if break then exit from current buy / sell trade and take fresh reverse trade buy/ sell .

Trailing SL:

After reach 1st Target trail SL to just above or below cost ( for example we are holding sell trade from 100 1st Target 110 hit then move trailing sl to 104-105 and move SL as price move upside or Downside)