copperpositioning

Quant_

Copper Short Setup 🔵 Entry: $4.327 🟢 TP & RR: $4.140 (2.02) ⛔ Stop Loss: $4.420 Trade Reasons: ✔️ 1.618 Fib Level Extension ✔️Market Flow overbought level 📝 Fairly basic setup, trying to capitilize on a potential pullback.

GeorgeJimas

If copper doesn't make a new high today (which I don't believe it will), we will likely see a retest of the 2.72-2.74 area (top of the channel). I'm itching to relong from this area.

GeorgeJimas

Copper broke the range it was trapped in on Friday, and I've been long via IVN.TO for roughly a month now. I'll be buying any dips or retests of the previous range. As soon as we touch sub 4.50 for IVN i'll be buying. -Healthy RSI, MACD crossing up on the 1D.

PrometheusCHT

The risk of a rapid correction is significantly greater with positioning at such extremes!