HG1! One word - CLEAN!What a beautiful chart for copper! Technically it's ever so clean, when it comes to set ups like this - Be careful of fake breaks.
Pattern - Triangle/Pennant
Highs: 4.2100
Lows: 3.8255
A break of highs I expect: 4.3550 & 4.5570. However, a break of the lows I expect: 3.6740 & 3.5040 and perhaps lower!
Currently, as long as we within this channel and within these ranges... until break either side!
Have a great week ahead & it's a long weekend for some of us!
🔆 Trade Journal 🔆
Note
At key support, break below this I expect bears to gain further control...For now we wait!Trade active
Bears fully in control!Note
First target reached.
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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.