Rupesh003

COPPER SHORT TERM BREAK OUT

Lång
FX:COPPER   CFD-kontrakt för koppar
5
COPPER
Technical outlook and chart setups:
Copper Break out Down Trend Lined pushed through the 2.365 resistance levels around $2.32 for now. The metal is seen to be producing a Bullish Adam and Eve candlestick pattern at the moment, indicating a potential pullback higher. It is hence recommended to remain Long for now, while aggressive trade setup could be to initiate Long positions, with risk at $ 2.20 levels. Immediate support is seen at $2.35./2.20 levels.

Trading recommendations: Remain flat for now. Aggressive setup is to initiate Long positions with stop at $2.20., target $2.428. and 02.52 higher
Good luck!

Frånsägelse av ansvar

Informationen och publikationerna är inte avsedda att vara, och utgör inte heller finansiella, investerings-, handels- eller andra typer av råd eller rekommendationer som tillhandahålls eller stöds av TradingView. Läs mer i Användarvillkoren.