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k314
Sep 6, 2017 2:40 PM

Copper Short setup Short

CopperOANDA

Description

Short copper below 3.1

Target: 3.06
SL: 3.13

Trade active

Comment

Another way of looking at the SHORT setup. Still things are in favor of bears.

Comment

Copper might face some support at current levels before moving towards our target. We will wait and watch before taking further action.

Comment

As expected the support halted the fall. Still the channel bottom is acting as a good resistance

Comment

Re entered the channel


Trade closed: stop reached

Comment

After a fake breakout (triggering SL) it fell upto our target

Comment

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