Copper on a possible breakout retest, resumption of a half-cycle

2024年9月5日

Copper on a possible breakout retest, resumption of a half-cycle low.
28 days of what appears to be a weekly and daily cycle low. There could be significant gains until the end of October.

Entry: 9.984
Stop Loss (SL): 8.520

(The chart may look slightly different for you depending on the instrument you use.)

2024年9月23日

交易進行

Copper playing ball, looking for a little flush for the next cycle low, might add to the position around oct. 6.

2024年9月30日

交易進行

Price is starting to fall as predicted. Preparing to add exposure by the end of this week.

2024年10月2日

交易進行

Copper experienced a sharp move into this cycle low, arriving sooner than predicted, but that’s fine. We’re still around 9% in profit. I plan to increase exposure before the weekend, waiting to see how the market responds to the Middle East conflict. Will end the position in about 1-1.5 month