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AdamHong

COPPRE:Potential Bullish BAT Pattern and the Previous Structure

Long
CFDs on Copper (FX:COPPER)  
AdamHong Updated   
FX:COPPER   CFDs on Copper
Copper Bat
6
1
copper batpattern
Potential bullish BAT pattern is forming and the previous neat srtucture looks like firm.The RSI has entered the oversold zone at the same time.
So it is a good chance to open long position at 2.07-2.09 levels.
SL:below 2.06
TP1:2.13
TP2:2.15
Comment:
The price is moving along the downward channel,just wait for the trade active.
snapshot
Trade active
Comment:
TP1 reached.
Comment:
TP2 reached.
Comment:
The previous structure will be confronted,but more profits have been taken.
snapshot
Comment:
More profits than expected have been taken.
snapshot
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