Well, well, well.. what an interesting setup we have here in the realm of the metals. It seems that confusion regarding inflation may have caused price overshoots in different directions for different metals. Two of such that glare out to me are Gold and Copper. I will structure the write-up of this Pig-Play a bit differently this time due to the inherent...
We have a Beautiful KBO Setup that has developed. Would suggest to take 2 Positions. Book 1 Position as per the Target and let the 2nd position run until market takes us out.
A few factors looking very bearish here!
Intraday Short Copper High Risk Reward
Would love to learn how to make this Green for + and Red for -... If anybody knows please advise!
Copper is breaking down on the 15m chart.
... Reversal is looking particularly logical over multiple time-frames.