Back at a strong demand level on 
HG1! (Copper futures). The key invalidation is a 4-hour close below 3.92, so I'll be watching closely to manually close.
I'm looking for a potential bounce from here, and if the weekly candle closes bullish, I may consider this a reversal setup. The confluence between the weekly support and the current demand zone gives me confidence to take the trade.
If the move fails, my next level to watch is 3.7 for another potential entry.
Let’s see ifHG1! behaves this time.
HG1! (Copper futures). The key invalidation is a 4-hour close below 3.92, so I'll be watching closely to manually close. I'm looking for a potential bounce from here, and if the weekly candle closes bullish, I may consider this a reversal setup. The confluence between the weekly support and the current demand zone gives me confidence to take the trade.
If the move fails, my next level to watch is 3.7 for another potential entry.
Let’s see if
HG1! behaves this time.Dagangan aktif
Holding the level so far. Needs time so I expect little action this week. HG1!Nota
Finally some positive price action. Reclaims 4.3 and it should be safe!
HG1!Nota
Still waiting on the reclaim above $4.3Moving stops to BE
HG1!Nota
Almost at target 1, HG1! Nota
Taking some off here. Its at a pivotal areaNota
Hit the first target. Waiting on second TP at $5.2 HG1!Nota
Once it reclaims 4.8, should aim for last TP HG1!Dagangan ditutup: sasaran tercapai
Second TP. Great move! HG1!
Penafian
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Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.