Copper is showing signs of exhaustion after recent bullish momentum, prompting a short setup on the 15-minute timeframe. Price action aligns with a potential retracement toward the $4.17 zone, where a critical support level resides.
Why This Trade?
• The overextended rally suggests a short-term pullback.
• Technical indicators point to weakening momentum, making the $4.17 price zone an attractive target.
Plan:
Manage risk effectively, take partials along the way, and let the trade play out toward support. Always remember: stay disciplined and pay yourself along the way.
Why This Trade?
• The overextended rally suggests a short-term pullback.
• Technical indicators point to weakening momentum, making the $4.17 price zone an attractive target.
Plan:
Manage risk effectively, take partials along the way, and let the trade play out toward support. Always remember: stay disciplined and pay yourself along the way.
Trade fermée: ordre d’arrêt atteint
This trade ended up hitting the stop loss, resulting in a 1% loss. However, the setup was solid and aligned with the strategy, making it a worthwhile attempt.Key Takeaway: Losses are a natural part of trading. What matters most is sticking to your plan, managing risk, and learning from every outcome.
Good setups will always come. Stay disciplined and focused!
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Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.