Description
⋅ COMEX:HG1! One word - CLEAN!
What a beautiful chart for copper! Technically it's ever so clean, when it comes to set ups like this - Be careful of fake breaks.
Pattern - Triangle/Pennant
Highs: 4.2100
Lows: 3.8255
A break of highs I expect: 4.3550 & 4.5570. However, a break of the lows I expect: 3.6740 & 3.5040 and perhaps lower!
Currently, as long as we within this channel and within these ranges... until break either side!
Have a great week ahead & it's a long weekend for some of us!
🔆 Trade Journal 🔆
Comment
⋅ At key support, break below this I expect bears to gain further control...For now we wait!
Trade active
⋅ Bears fully in control!
Comment
⋅ First target reached.