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k314

Copper Short setup

Short
CFDs on Copper (US$ / lb) (OANDA:XCUUSD)  
k314 Updated   
OANDA:XCUUSD   CFDs on Copper (US$ / lb)
Trend Analysis Chart Patterns Technical Indicators Copper coppershort xcuusd (Copper)
4
0
trendanalysis chartpattern indicator copper coppershort xcuusd
Short copper below 3.1

Target: 3.06
SL: 3.13
Trade active
Comment:
Another way of looking at the SHORT setup. Still things are in favor of bears.

snapshot
Comment:
Copper might face some support at current levels before moving towards our target. We will wait and watch before taking further action.

snapshot
Comment:
As expected the support halted the fall. Still the channel bottom is acting as a good resistance

snapshot
Comment:
Re entered the channel


snapshot
Trade closed: stop reached
Comment:
After a fake breakout (triggering SL) it fell upto our target
Comment:

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