Retrospective In China, there has been an increase in demand for copper | #C-COPPER 2021-10-14 | IFCM Iran
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Retrospective of Technical Analysis #C-COPPER From 2021-10-14

In China, there has been an increase in demand for copper

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Buy stop4.5
Take profit4.793
Return on Investment +6.5%
Overview date 2021-10-14
Date of the closing positionfrom 2022-03-07 to 2022-04-19

The chart shows the real change of quotations after the publication of technical analysis on 2021-10-14. The pending order from this analysis was executed and the position was opened. Next, we shall move the stop to the next fractal low following the Bollinger Bands and Parabolic SAR signals at the 4-hour charts. Thus, we are changing the potential profit/loss to the breakeven point. The position shall be closed when the price meets the Bollinger bands, the Parabolic SAR, the trend line and the fractal indicator.

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