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CFDs on Copper (US$ / lb)
Short
Updated

Copper short setup

134
Short Copper below 3.11

T1: 3.08
T2: 3.025

SL: 3.13
Note
Copper on day chart:

snapshot
Note
Looking at the setup from a different perspective. Copper facing strong resistance at present
Note
Looking at the setup from a different perspective. Copper facing strong resistance at present

snapshot
Note
Looking at the broader picture in Copper

snapshot
Trade active
Trade active
Copper made a low of 3.0806 and missed T1: 3.08 by a very very close margin! $0.0006
Trade closed: target reached
T1: 3.08 achieved. Maintain save profit at 3.10
Trade closed: target reached
T2: 3.025 achieved
ALL TARGETS DONE
Note
We can expect some more downside. But there is a good support between 2.97-3.00. Lets wait for the next trade setup to form
k314
Chart PatternsCoppercoppersellcoppershortTechnical IndicatorsTrend Analysisxcuusd (Copper)xcuusdshort

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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.
Chart PatternsCoppercoppersellcoppershortTechnical IndicatorsTrend Analysisxcuusd (Copper)xcuusdshort
k314

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.