Technician
Short

Copper: Ready for a selloff!

COMEX:HG1!   Copper Futures
969 13 23
Update: Trade is active
Update: First Target Reached, closed half position.
Update: Second half stopped out at breakeven


Looks good for a short trade :

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Trading Criteria:
1.Trades are taken in two units
2.First unit would be closed at first target
3.Stop loss is then moved to break-even
4.Second unit would be closed at second target
Notes:
5) If 90 percent of first target is reached without triggering entry I cancel the trade
6) If 90 percent of first target is reached I move stop loss to breakeven.
7) Remember: Losing is a main part of the game

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My best regards
Technician
I teach my experience conclusions in 10+ trading strategies. PM me for details and cost.
Do you have a longer term analysis (monthly)? What are your thoughts from here. I'm a major bear long term but looking for a good entry from here.
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Update: First Target Reached, closed half position. Second half stopped out at breakeven
+1 Reply
Double top or is this running inverse to DX?
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Update: Trade is active
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Nice pin. Good luck mate.
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i am with you Technician
+2 Reply
Technician jangseohee
Glad to have you jangseohee
+1 Reply
jangseohee Technician
YW, Technician :-)
Reply
I wouldn't keep the stop tight actually hehe.
Nice chart, simple is good.
+1 Reply
Technician IvanLabrie
Simple is awesome :)
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