- Compare the marked red circles on the Copper chart and the AUD/USD charts here. The 2 charts look very similar qualitatively.
- Looks to me that AUD is in the early stages of breaking down whilst Copper has already gone ahead.
- Switched half of my short Copper risk into short AUD/USD in the past 2 trading sessions. The latter has much more downside potential than the former now.
1 comment:
Squared short Copper. Added to short AUD/USD.
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