Positional BUY Opportunity: Buy above $66.5 with TP $71. On reaching $71; it will complete formation of bearish cypher pattern. SHORT at $71 with TP1 = 32.8% retrace of CD & TP2= 61.8% retrace of CD. Let's see how it plays.
BUY when price hits the PRZ with: TP#1 = 38.2% retrace of CD TP#2 = 61.8% retrace of CD
Potential Short Setup. 1. Rising wedge Awaiting 2. DESCENDING Triangle. Wait for the breakout from DESCENDING Triangle before taking SHORT position. PS: Ignore typo - I actually meant 'Descending Triangle' on the chart.
RAISING WEDGE - BEARISH BREAKOUT followed by BEAR FLAG
Potential Bullish '3 - Drive' pattern. (TF = 1D) Expecting impulse bounce. Wait for today's candle close. If price fails to break/sustain below the 'Support' (dotted blue line), then we can expect an impulse move up. Let's see how it plays.
Bullish breakout on Ascending Triangle. Potential bullish reversal setup.
Short Copper. Potential downtrend.