TradingView
MoonPickle
Jan 21, 2018 4:09 AM

Copper Futures W1 Short Play Setup - DIV Short

Copper FuturesCOMEX

Description

Copper has been on a rally, but shows divergence on W1 chart

Needs a strong shakeout before longer rally.

-Still bullish long-term

Comment

fib targets on M1 chart.

rising wedge with divergence confirmation on W1 chart (above)

Trade closed: target reached

=)


-could go down further from here, closed due to TP target hit @ 0.618 fib
Comments
MoonPickle
fib targets on M1 chart.

rising wedge with divergence confirmation on W1 chart (above)

More