TradeWithParas

FCX potential buy setup

Long
BATS:FCX   Freeport-McMoRan, Inc.
Reasons for bullish bias:
- Price has given triangle breakout
- Previously a bullish trend, it most likely would continue
- No divergence

Here are the recommended trading levels:
Entry Level(CMP): 43.46
Stop Loss Level: 35.72
Take Profit Level 1: 51.2
Take Profit Level 2: 58.94
Take Profit Level 3: Open
Trade active:
TP1 hit, moving SL to BE
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