Short-run Bearish on Copper
Güncellendi
- Converging channel pattern indicates upward trend in short-run.
- Low risk (SL is optional at any point below the lower channel trend line) because price hit channel bottom. Only movement upwards likely.
- RSI at approx. 40 suggests underbought.
- Watch for breakout as channel increasingly converging. After TP is successful, can set a trade order partly above or below the current price - to catch the breakout for a quick profit.
- Low risk (SL is optional at any point below the lower channel trend line) because price hit channel bottom. Only movement upwards likely.
- RSI at approx. 40 suggests underbought.
- Watch for breakout as channel increasingly converging. After TP is successful, can set a trade order partly above or below the current price - to catch the breakout for a quick profit.
Yorum
*LONG RUN - apologies (NOT a short term buy)
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.