Copper on a possible breakout retest, resumption of a half-cycle
Updated
Copper on a possible breakout retest, resumption of a half-cycle low.
28 days of what appears to be a weekly and daily cycle low. There could be significant gains until the end of October.
Entry: 9.984
Stop Loss (SL): 8.520
(The chart may look slightly different for you depending on the instrument you use.)
28 days of what appears to be a weekly and daily cycle low. There could be significant gains until the end of October.
Entry: 9.984
Stop Loss (SL): 8.520
(The chart may look slightly different for you depending on the instrument you use.)
Trade active
Copper playing ball, looking for a little flush for the next cycle low, might add to the position around oct. 6.Trade active
Price is starting to fall as predicted. Preparing to add exposure by the end of this week.Trade active
Copper experienced a sharp move into this cycle low, arriving sooner than predicted, but that’s fine. We’re still around 9% in profit. I plan to increase exposure before the weekend, waiting to see how the market responds to the Middle East conflict. Will end the position in about 1-1.5 month
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