Aluminum is gaining momentum as several bullish patterns line up.
We have a bullish pennant, a possible double bottom structure, and price action starting to break higher again.
Tgt: 3,685.
I like this setup for:
- Long futures
- Buying 3,550 calls
A close below 3,400 would invalidate the pattern.
Trade idea: bullish while price holds above the recent double bottom zone.
#Aluminum #Commodities #Futures #Options #TechnicalAnalysis #TradingView #RiskManagement
We have a bullish pennant, a possible double bottom structure, and price action starting to break higher again.
Tgt: 3,685.
I like this setup for:
- Long futures
- Buying 3,550 calls
A close below 3,400 would invalidate the pattern.
Trade idea: bullish while price holds above the recent double bottom zone.
#Aluminum #Commodities #Futures #Options #TechnicalAnalysis #TradingView #RiskManagement
Luis Nicolau
Derivatives Trader
Derivatives Trader
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Luis Nicolau
Derivatives Trader
Derivatives Trader
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。