Copper opportunity
Updated
Copper just peaked and today's candle seems to be the beginning for a few days of more down pressure. The first target is on the centerline of the pitchfork around 2,15 and another one on the lower line at 2,09.
Indicators signaling the coming back from the overbought region are well aligned for this short.
Indicators signaling the coming back from the overbought region are well aligned for this short.
Trade active
First target reached.Trade active
Correction to 0,382 fib. Part of the position closed, now waiting for continuation.
Disclaimer
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.