short sell copper

Updated
The 200 ma is sloping down which is clear evidence of the downtrend. The 50ma is also below the 200ma further confirming the downtrend. This looks like a bounce in the downtrend. There is a key pivot level which the commodity is approaching now. This will be a good level to sell from a technical perspective.
Note
some time taken but eventually after stop hunting copper falls from the resistance zone.

snapshot
Chart PatternsCopperCopper Futures HG1!Trend Analysis

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