Copper: Watch for Price Action at the Median Line
This is a pitchfork I am using in the higher timeframes here in copper. The slope is working extremely well, so with the price now at the median line, which has previously acted as support, we should start watching for a buy setup completion before buying the market.
In case price breaks below the median line, just wait for a correction and sell copper:
In case price breaks below the median line, just wait for a correction and sell copper:
Comment:
Price has formed a flag pattern at the sliding parallel (key support). Buying the breakout is what we should look for:
