Whilst diagonal trendlines are geometrically certain to break, they are also rather difficult to trade, looking very obvious ex-post, but hard to pull the trigger on ex-ante. In this case, I am inclined to take the signal given I have traded the vicissitudes of Copper quite well, particularly in the past 6 months.
@Dguaman, that's what the histogram on the left axis would indicate... Though I try to trend-follow entries that work, so I don't have a hard and fast rule, if you will.
btM_Afta
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@PrometheusAM, Oh cool ! and whats is the histrogram on the left axis?? what indicates?