Copper has reached a strong resistance level on the daily chart.
The uptrend is fading, and visually, all signs point to a correction.
On the hourly chart, a good short entry point is shaping up.
However, the stop needs to be set quite high — 2%. So the position size should be adjusted accordingly — kept small.
The uptrend is fading, and visually, all signs point to a correction.
On the hourly chart, a good short entry point is shaping up.
However, the stop needs to be set quite high — 2%. So the position size should be adjusted accordingly — kept small.
交易开始
注释
Moves the stop to 4.87 - just below breakeven.Letting it run, targets are lower.
交易手动结束
Decided to close the position here.Current profit: +1.80%. That's a pretty solid drop for just one day.
Also, I don’t hold short positions over the weekend!
If needed, I’ll reopen the position next week.
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