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

Buy Copper at CMP (2.87+) and on dips upto 2.83 with SL below 2.74 Targets marked with green horizontal lines

Buy Copper 2.86 Sl 2.73 Target 3.13

1. Look for a buying opportunity as long as Copper stays above 2.695 2. Avoid any shorting opportunity above 2.695 however attractive it may seem. Shorting below 2.695 only.

Accumulation/Distribution

keep those levels in mind

Buy Above

buy any level

Sell Below

BUY CMP

Explained on the chart

SEE CHART

See Chart

Buy XCUUSD above 2.820 T1: 2.840 T2: 2.857 T2: 2.917 SL: 2.781

Buy XCUUSD above 2.8125 T1: 2.830 T2: 2.910 T3: 3.000 SL: 2.790

Short XCUUSD below 2.693 T1: 2.685 T2: 2.662 SL: 2.912

Copper price has fallen more than 20% so far this year. Copper trading higher: It is trading higher by 0.60% on Friday morning at 2.668, manages to hold 20MA. Since last few weeks, we see the price manages to hold the 200MA (weekly) on a weekly closing basis. The outlook remains neutral-bullish; descending triangle pattern has developed in the weekly and daily...

BUY BUY BUY

LONG TERM TREND IS DOWN. SO IM INTRESTING DOWN SIDE. FOLLOW UR PLAN. GOOD LUCK