anilmangal
Long

COPPER TRIANGLE

FX:COPPER   CFDs on Copper
6678 19 249
Hi Guys , if this pattern proves to be a triangle the the next move should be up, Since it's a daily triangle we can actually trade inside it rather than wait for it to break. Buying ther break would be a nice trade back to the top. If it breaks out of triangle ,the trade is no longer valid.

Trade with care
Use a tested strategy
Thank you for support.
Comment: broke out
Comment: You can move stop to BE and let's see if it get to the top.
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I see a nice flag on the 1H. Another chance to buy/add if it breaks do you think?
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great call. I'm still in the trade, moving the SL as it goes.
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Awesome ;)
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Comment removed
In my daily chart it is still below ST downtrend. By the way, I agree with the target.
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chinabox chinabox
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chinabox chinabox
LT downtrend/channel (upper red line) points to 2.18
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Hi Anil,
Wrongly or rightly, your triangle trendlines cross right on the day of FOMC...
There also seems to be a bat pattern between June's low and now which is another argument in favour of the breakout.
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VirtualFax VirtualFax
The first bat between Jan and Jun worked like a charm...
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