COPX - Copper follows the Fork
Price overshoot the U-MLH of the downsloping Fork, but came back into the Fork.
Now there is a big chance that price will make a nice move to the downside.
Besides COPX I usually doublecheck with the HG1! Futures, and they are in line now.
Curious if it falls down to the Centerline, or if it stops at the L-MLH.
P!
Now there is a big chance that price will make a nice move to the downside.
Besides COPX I usually doublecheck with the HG1! Futures, and they are in line now.
Curious if it falls down to the Centerline, or if it stops at the L-MLH.
P!
Trade geschlossen: Ziel wurde erreicht:
That's it - Done...next.
Why I did close it bevor price was at the CL?
Because HG, the copper futures where at the CL already. And COPX did not follow 100% Correlated ;-)
P!
Why I did close it bevor price was at the CL?
Because HG, the copper futures where at the CL already. And COPX did not follow 100% Correlated ;-)
P!
Kommentar:
...here's the HG1! chart.
