Personally I think we are set to complete wave 2 of a 5 wave impulse north. My projected trajectory highlighted by the blue waves. Majorly bulled up unless we break Jan'16 low 1.93. Currently on the hunt for long entry around these levels.
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Long at 2.064
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Approaching TP
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SL move to 2.18
Trade geschlossen: Stop wurde erreicht
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Closed at 2.18
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Here we go... entering rebuy territory
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Big build in copper inventories. Even with the glut i'm looking for an excuse to get long.
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Long at 2.09 , SL 2.08
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SL moved to 2.18
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Neckline break
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Eyeing up 2.32
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To the moon
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Long term... copper looks set to fly. Short term looking like potential ceiling around 2.50 to set up selling opportunity
The plot thickens. Fresh trend line resistance set up.
Genghis
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Potential support from a collection of factors; bullish inverse H&S neckline (green), potential right shoulder of new iH&S, set up of trendline of the 2 heads (yellow), Bottoming out on daily stochastic
intersting to see if 2.084 holds