Copper: Trade for Bearish Continuation of 1H Bearish Impulse

16 jul 2018

4H AO cross has not happened yet and there is bar divergence on that time frame so this must be kept in mind. I will be looking to move to breakeven quickly and perhaps even take profit at the target but that has not been decided yet. The overall trend is bearish but this may be a short term trade before the larger correction and final 4H continuation trade. Stay patient.

16 jul 2018

Nota

Stops have been moved to breakeven as shown

17 jul 2018

Operación cerrada manualmente

I was taken out at breakeven -- the direction was ultimately right but breakeven was a good call because I would have been taken out at the high as I did with the Yen