Good morning Traders!
Copper could develop some interesting swing in short to medium term, having said that, if the price action will confirms the first bullish rally, it is possible to try to take a long position on pullback as shown on the daily chart. With this in mind, even if the TARGET seems very interesting from the BUY AREA OPPORTUNITY, the Money Management is not very good (we will have a R/R ratio <1: 3), so it should be correct to use a reduced size for this setup. During the next sessions we will continue to follow the copper, because at the moment the levels shown on the chart are only indicative.
If you think our analyzes are useful, support us with a simple "Like", thank you and trade with care!
Cheers.
Copper could develop some interesting swing in short to medium term, having said that, if the price action will confirms the first bullish rally, it is possible to try to take a long position on pullback as shown on the daily chart. With this in mind, even if the TARGET seems very interesting from the BUY AREA OPPORTUNITY, the Money Management is not very good (we will have a R/R ratio <1: 3), so it should be correct to use a reduced size for this setup. During the next sessions we will continue to follow the copper, because at the moment the levels shown on the chart are only indicative.
If you think our analyzes are useful, support us with a simple "Like", thank you and trade with care!
Cheers.
Nota
Penerbitan berkaitan
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.
Penerbitan berkaitan
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.