We are short Copper. Take profit 3.40 and Stop Loss at 3.70 - a 1.9 Risk to reward ratio. There is a 50% profitability rate for this trade, however considering the prior signal for copper was profitable, the odds of 2 short signals producing a profit in a row is 25%. This trading signal also aligns with our seasonal sentiment of copper over the coming weeks.
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Trade closed early as signal is no longer valid.