Copper Futures (Jul 2018)
Short
Updated

July Copper futures short

48
-42 Week Head and Shoulders
-50/200 SMA cross daily
-Bollinger band squeeze daily

30 basis points
Daily break and close of neckline to consider short
*credit to Factor weekly report
Note
I think price has shown its hand and could have a H&S failure (compound fulcrum), will watch for a measured risk long
snapshot
Note
Buy stop order @ 3.251
SL @ 3.181
Note
TP @ 3.568
Trade active
Market buy order @ 3.241
SL @ 3.191
TP @ 3.5705

Flipped my opinion, H&S failure
Order cancelled
Disregard, new plan put up.
AM LONG

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