We have a nice setup in Copper, which already triggered off higher timeframes. The target on chart is the one forecasted in this way. This setup is valid until February 2017, if price doesn't retrace below 2.11. You can enter at market with stops there for the long term position, but you can also take a swing trade setup here, buying a half position at market open, and adding on a break above Friday's session high. Stop for all swing positions is Friday's session low.
Good luck,
Ivan Labrie.
Trade active
Explosive start, boom.
Comment
Hold this one, set an alert for CCI (11 periods) when it hits +100 start trailing stops to the last 3 day low.
Comment
I'm flat, I'll be buying back in once we have evidence of commercials going long ideally.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.