Copper Buy on bounce setup

Buy copper on bounce above 3.015

Please keep watching this space for more updates on target and SL once trade gets activated

Note

Once trade is active

T1: 3.030
T2: 3.050
T3: 3.062
T4: 3.071

SL: 2.988

Note

Aggressive traders can go long now as the high of hourly red candle is taken down by the candle that bounced on the channel bottom.

Note

Conservative traders can wait for further confirmation

Note

So far Copper hourly candle has given a solid bounce

Trade active

Trade closed: stop reached

Note

Copper after breaking the channel is now ready to make a pull back.
A broadening wedge is seen

k314

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by k314

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