CFDs on Copper (US$ / lb) OANDA:​XCUUSD

Copper facing resistence @ 2.84 with over all Weak Trend , Copper may reach 2.60$ level .

Copper price falls to the 50.% fib reaction< 200ma (weekly) exists. The trend remains bearish, could fall even further to 2.50-2.45 its 61.8% fib reaction

XCUUSD Copper weekly chart study

Lower High and Lower Low formation and close below 50SMA

Buy copper above today's high, ie, above 2.982 T1: 3.10 T2: 3.15 T3: 3.21 SL: 2.899

Buy XCUUSD at CMP (3.14+ approx equal to value of pi) T1: 3.200 T2: 3.225 SL: 3.120

Cloud break out coincide with BO on downward slopping Trendline

Short Copper (XCUUSD) between 3.07-3.10 T1: 3.00 T2: 2.97 SL: 3.12

Short copper below 3.235 T1: 3.225 T2: 3.213 T3: 3.202 SL: 3.248

Copper (XCUUSD) long setup Shivaratri special trade with Shiva's ardha chandra (crescent moon) Buy Copper between 3.105-3.120 T1: 3.15 T2: 3.20 SL: 3.074

Buy Copper at CMP (3.11+) SL: 3.08 T1: 3.165 T2: 3.200 T3: 3.250

As per my wave analysis.. prices could touch 3.4-3.5 levels.

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

Buy Copper (XCUUSD) above 2.9384 T1: 3.015 T2: 3.050 T3: 3.085 SL:

Buy on broadening wedge breakout above 2.963 T1: 2.975 T2: 2.830 T3: 2.994 SL: 2.955

Buy copper on bounce above 3.015 Please keep watching this space for more updates on target and SL once trade gets activated

copper in international market has already gave an inverse head and shoulder breakout , in indian amrket we can see a breakout above 412 , trader can make long position for a big target of 520(indian currency) https://gyazo.com/e250ee28ded20b811a2c097a6666843d