Copper is in a corrective structure having reached the 0.786 fib retracement of previous impulsive wave up. At that level we have the completion of a bullish AB=CD pattern. In a lower timeframe we have the completion of a bullish cypher at the same level.
Stoploss and profit targets as shown at the chart.
Bullish cypher at the same level:
Stoploss and profit targets as shown at the chart.
Bullish cypher at the same level: