Copper: Ready for a selloff!

Update: Trade is active
Update: First Target Reached, closed half position.
Update: Second half stopped out at breakeven


Looks good for a short trade :

• Overall long term trend is Bearish
  
• Major rejection and Gravestone doji at previous major low and resistance level
  
• 200-Days Simple average covering price
  
• Falling Trend Line
  
• Short term Bearish divergence on stochastic
  

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Trading Criteria:
1.Trades are taken in two units
2.First unit would be closed at first target
3.Stop loss is then moved to break-even
4.Second unit would be closed at second target
Notes:
5) If 90 percent of first target is reached without triggering entry I cancel the trade
6) If 90 percent of first target is reached I move stop loss to breakeven.
7) Remember: Losing is a main part of the game

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My best regards
Technician