HG1! trade ideas
A continuation trade in CopperIf price trades above the blue line and trades there, next resistance could be the falling green line and then the red falling TL at 2.2500.
Copper QC Contract- H&S Pattern Since 15th Jan 2016-- Copper QC moved impulsively & made a top@2.3200..Since then it retraced & has been moving sideways- almost completing an H& S pattern.
so once we move above 2.2400 -it the first clue & above 2.2900.. Copper QC contract shall move strongly upside in the zone 2.5500 to 2.5700 which is the target zone of Head & Shoulder Pattern.
Regards,
Abhishek H.Singh, CMT
