CFDs on Copper (US$ / lb)

OANDA

:

XCUUSD

Number--5th Sell Copper Below

NUMBER-2 SELL BELOW

Sell on high

Buy Current Price---2.62125

Hi all, Copper seems to me completed it's correction to upside and now started it long term downtrend to the downside one can look for short setup to get in ride

Strongly rejected from upside and looks very weak. Trade setup with target and stoploss mentioned in chart.

Copper analysis - Right angled ascending broadening pattern

All Are Buying Side and my Setup is show sell Wait for Sell signal Confirmation

Copper 4H chart study - Currently facing strong resistance

My Side Second view above

buy current price

Copper (XCUUSD) chart study

Sell Current Price 2.68257

Buy Copper at CMP (2.72+) T1: 2.77 T2: 2.81 T3: 2.87 SL: 2.69

BASED ON OUR UNIQUE 5 PARAMETER APPROACH, WE PREDICT BEARISH TREND

risk reward as far as i think its good in long trade , then to go short , i can be wrong but its fine , as the sl is small , while in short trade i might get stuck ! and reward nthere is clearly undefined !

sELL bELOW

COPPER IS AT WEEKLY SUPPORT. IF SUPPORT HOLDS THEN IT CAN BOUNCE TO 2.77-2.82 ELSE IT WILL FALL TO 1.70. TRADING PLAN BUY AT 2.60 PUT STOP LOSS BELOW 2.52 TARGET 2.77-2.82