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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)
Chart Patterns Trend Analysis Technical Indicators xcuusd (Copper) xcuusdshort Copper coppershort coppersell
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chartpattern trendanalysis indicator xcuusd xcuusdshort copper coppershort coppersell
Short Copper below 3.11

T1: 3.08
T2: 3.025

SL: 3.13
Comment:
Copper on day chart:

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

snapshot
Comment:
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
Comment:
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
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