#Copper bearish move possibility
The price of copper has reached the upper boundary of a long-term bearish channel, which is currently acting as resistance. Additionally, the recent bullish move failed to break above the previous high, indicating that the bulls may be losing strength.
I'm looking for a minor bullish corrective move in this asset to potentially short it at a more favorable price level.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.