Long Copper

2024年9月10日

Hi everyone, Hope you are having a good day.

Let'sdiscuss the trade idea on copper. I use a volatility contraction pattern which is given by Mark Minervini.
I believe before every explosion, there is a contraction or what i better know it as "silence"
Obviously we have to take all the other things under consideration (like prior upmove, uptrend/downtrend, how its peers are performing and so on.

The idea for copper is because of the strong basing in daily time frame and note that basing is done after a prior upmove and then a retracement. I expect copper to break the highs easily.

here is my trade idea. ps:- i kept writing and it has started moving already.

Long COPPER 4.1373
Sl -4.0877
Targeting 4.2 atleast

Thanks
RaW^

2024年9月11日

註釋

Sl hit.
On to the next one.

2024年9月12日

註釋

*Ouch* the sl hurts :D

2024年9月12日

註釋

Moving without me. The idea was on point, but the stip loss placement was not right. Lesson learnt.

2024年9月14日

註釋

That Monstrous move is yet to come in copper.