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Copper at Resistance: A Short Setup in Play

163
Copper has reached a strong resistance level on the daily chart.
The uptrend is fading, and visually, all signs point to a correction.

On the hourly chart, a good short entry point is shaping up.

However, the stop needs to be set quite high — 2%. So the position size should be adjusted accordingly — kept small.
액티브 트레이드
노트
Moves the stop to 4.87 - just below breakeven.
Letting it run, targets are lower.
매매 수동청산
Decided to close the position here.
Current profit: +1.80%. That's a pretty solid drop for just one day.
Also, I don’t hold short positions over the weekend!

If needed, I’ll reopen the position next week.

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