Im currently looking for potential corrective move in Copper. Market is down so only use moderate risk (half position).
To confirm the entry i wanna see a break of upper trendline of the BC move (middle dashed line) on a lower timeframe or something like a doublebottom with retest which should then also break the trendline. keep your stops tight below the lows if we find an entry since we dont wanna see the market goin down again after that.
To confirm the entry i wanna see a break of upper trendline of the BC move (middle dashed line) on a lower timeframe or something like a doublebottom with retest which should then also break the trendline. keep your stops tight below the lows if we find an entry since we dont wanna see the market goin down again after that.
