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Trade Diary - Big Breakout Trade on Copper on 3rd of Jul, 2024


On Jul 3, 2024, Copper broke out from a rounding bottom turning bullish on the daily and weekly charts. A Snake Buy (Bullish Setup 5) formed later in the day on C4 (2H candle from 3 to 5 pm) and the price expanded over the next 2 candles to meet all daily targets .


A perfect signal after a strong Bullish breakout, this signal had all the makings of a winner!

(Fig 1.1 - Breakout Trade from a Rounding Bottom on Copper Futures)

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