Copper Short: Targeting Key Support at $4.17Copper is showing signs of exhaustion after recent bullish momentum, prompting a short setup on the 15-minute timeframe. Price action aligns with a potential retracement toward the $4.17 zone, where a critical support level resides.
Why This Trade?
• The overextended rally suggests a short-term pullback.
• Technical indicators point to weakening momentum, making the $4.17 price zone an attractive target.
Plan:
Manage risk effectively, take partials along the way, and let the trade play out toward support. Always remember: stay disciplined and pay yourself along the way.
