Background: - 2nd bullish reversal candle signal after 27 March at the trendline support - The 27 March hammer off trendline support also act as an fake break downwards with the obvious bullish push
Entry: - Enter @ market of 2.669 as only noticed this set up after signal presented to me on 27 March, probably if entered earlier, i would have better margin on this.
SL: - Set below the 28 March candle low - SL not set based on the signal candle because this is a "W" (double bullish signal over a certain of period that formed a "W" formation) - Might stretch my SL to the max of the signal candle fib level depending on the future price action
PT: - Set at previous swing high @ 2.79 - Might quit earlier at the highlighted area along the trendline resistance area.
トレード稼働中
Update - 8 April 2017: - Moved SL to 2.59 to have more wiggle room (10pips below the low of 28 March low) - The price has been moving within my SL zone, thanks to my SL amendments, i am still in the trade - The last session of the week closed a fairly favorable hammer pointing upwards. Hopefully this will carry the Copper upwards.
トレード終了: ストップロスに到達
Update - 11 April 2017: - Aiks... trade stopped out with the bearish breakout on the 12 April. - Probably the 2nd failure to breakout of the 50MA resistance on 30 March already act as a sign of bearishness..