Charting & TA Thread, page-100

Time for a Copper update,

After blowing through 400 pips of stops I believe I may have found the bottom. I really did not expect a waterfall down from each level of support. It looks like the 79% fib has caught the price again. I have locked in 27 pips and up 190 pips. I will be up 500 pips when the price reaches 2.77 which was my original target entry. Trying to pick the bottom is hard. There was an awful pattern of buying through the Asian session and selling during London and NY. USD strength was the biggest factor and there is a possibility that it has done its run for now so the probability of a stronger Copper price in the near future is high.