Copper _ Bearish Butterfly Pattern.Copper shows very harmonic long term trading potions started from last Jun , wish butterfly will be valid as well.
Coppershort
Inspired by Technician's idea for short i took a look at copperTook a look at copper, target and criticals are in the chart. Will wait for retest upper MLH before i enter (or, alternatively for zoom and retest of old (grey) median) . Stop would ideally be above pivot.
Target 1: bottom channel,
target 2 base WRB,
target 3 downsloping median.
Copper 13.5/1 R/R Great HVF setup here on Copper. Expecting a sharp sell off all the way to about 1.950s level. Amazing Risk/Reward, about 13.5/1.
Short copper 0.618 pullback in a major downtrendI would short this right away. With a tight stoploss.
