Good Morning traders!
Here we can see as copper corrected last move to the downside exactly at the Golden Zone+ POC confluence level. During the corrective move, price created a bearish wolfe wave so we believe that it it is ready for continuation to downside.
Head and Shoulder on lower time frames!
Short from @411.5 stop loss @422.7 risk 1% of equity.
Will update below.
Here we can see as copper corrected last move to the downside exactly at the Golden Zone+ POC confluence level. During the corrective move, price created a bearish wolfe wave so we believe that it it is ready for continuation to downside.
Head and Shoulder on lower time frames!
Will update below.
Trade active:
stop loss on entry
Trade active:
added short at retest.
stop loss 414 risk 0.5%
avg entry @411.2
target 1 370
stop loss 414 risk 0.5%
avg entry @411.2
target 1 370
Trade active:
Trade closed: stop reached:
stop reached loss 0.5%
Trade active:
H&S after retracement to 0.54. Short from @413.7
Trade active:
stop loss on entry
Trade active:
EW count on chart, targeting WW at 360
