Copper Long Dec 30th 2017
Pro’s
- Symmetrical triangle break and re test of a key level at 1.245
- Rejecting back side of a long term downward sloping trend line
- Weekly and daily deceleration
- Low test rejecting key level
- Double bottom
- 4HR Bullish MACD
- Dynamic support of the daily 50 EMA
- Trading with the trend
- Stop safely behind the key level and the 50 and 60 EMA and previous swing low’s
Con’s
- No clear daily reversal candle shape
Trade Plan / Management
- Using a hybrid strategy with two 0.5% positions
- Targeting 2.920 with position 1
- Once target 1 is hit position 2 gets moved to break even
- Trailing position 2 with smart stop placement utilizing swing lows, s/r levels, trend lines, dynamic support of EMA's. Trading with the longer term trend
- Symmetrical triangle break and re test of a key level at 1.245
- Rejecting back side of a long term downward sloping trend line
- Weekly and daily deceleration
- Low test rejecting key level
- Double bottom
- 4HR Bullish MACD
- Dynamic support of the daily 50 EMA
- Trading with the trend
- Stop safely behind the key level and the 50 and 60 EMA and previous swing low’s
Con’s
- No clear daily reversal candle shape
Trade Plan / Management
- Using a hybrid strategy with two 0.5% positions
- Targeting 2.920 with position 1
- Once target 1 is hit position 2 gets moved to break even
- Trailing position 2 with smart stop placement utilizing swing lows, s/r levels, trend lines, dynamic support of EMA's. Trading with the longer term trend
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.