- 2 consecutive daily closes below neckline. Confirms SHS Top call.
- Trade parameters as marked on accompanying chart.
- Imagine the damage done to the monthly chart if this works. Potential for this to get terribly interesting.
26 January 2014
Copper : HGH4 Daily Chart
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3 comments:
Price action accelerating to the downside. HGH4 low 321.70 tonight. Trailing stop moved down. Worst case now, still decent profits locked in.
Low 319.40 so far. Trailing stop lowered some more.
Also added onto short EDZ5 at 98.99 for some measure of protection for short copper position. Current market is in Risk Off mode ie copper down + ED up.
Trailing profit stop taken out at 321.20
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