Copper FuturesCopper Futures – Pattern Breakdown with Bearish Setup
🔻 Symmetrical Triangle Breakdown Observed
Major breakdown from a long-consolidating symmetrical triangle indicates potential downside.
🔸 CMP: 804.80
🔸 Upper Breaking Range: 852.60
🔸 Lower Breaking Range: 791.10
🔸 Selling Target: 740.40
🧩 Pattern Summary:
• Clear breakdown from triangle with strong bearish candle
• High volume breakdown day confirms seller dominance
• Retest possibility around 804–810 zone before continuing the fall
• Pattern aligns with previous swing zones and Fibonacci clusters
💡 Trade Idea (for educational purpose):
Wait for price to break 791.10 with volume or retest rejection near 804–810
→ Target: 740.40
→ SL: Candle close above 830 or Above Trendline
→ Risk-Reward Approx: 1:1.5+
📌 Stoploss candle close only, Target Trigger Price
📌 This is not a buy/sell recommendation, just an educational trading idea.