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Copper Bounce? $HG1! at Key Demand Zone!
Diupdate
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.Trade aktif
Holding the level so far. Needs time so I expect little action this week. HG1!
Catatan
Finally some positive price action.
Reclaims 4.3 and it should be safe!
HG1!
Catatan
Still waiting on the reclaim above $4.3
Moving stops to BE
HG1!
Catatan
Almost at target 1, HG1!
Catatan
Taking some off here. Its at a pivotal area
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