Copper shall correct in Near Future. But the Wait could be Long
copper is trading hovering near Resistance and we can see divergence on the charts which is a good signal, can be shorted here with a good favorable RR, Sl can be placed few pips above the last swing high i.e 2.72, targets are on the chart. Once it starts moving in our direction trailing stop loss is suggested as markets can turn back any moment. A good pair of...
complete loss of demand after upthrust, this was essentially a redistribution and currently in markdown will retest broken down levels before resuming downtrend.. also watchout for a upthrust to 2.6070 test and then accelerate breakdown..
Short Copper below 3.11 T1: 3.08 T2: 3.025 SL: 3.13
Short XCUUSD between 3.106 and 3.117 T1: 3.080 T2: 3.037 T3: 3.000 SL: 3.142