Genghis

Copper Oct'16 - potential short set up

Short
Genghis Updated   
COMEX:HG1!   Copper Futures
Currently shooting back up into newly created bearish trend line. Looking to short around 2.20, SL 2.22, target 2.10
Trade active:
Short at 2.19, SL 2.22
Comment:
SL moved to entry
Comment:
Close to TP at 2.10
Trade closed manually:
Trade closed at 2.11 and flipped long - See "All that glitters is ... Copper?"
Comment:
Potential resistance up at 2.25, rally tops in Jul and Aug
Comment:
correction: rally tops *at the start of the months* for both Jul and Aug

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.