Copper is bouncing off the support line
Copper is pressing the downside resistance/upside support line 4.2435. A confirmed bounce off this level is required for the upside continuation but we need to see a break above 4.3090. A confirmed break below 4.2400 is now required for the complete downside reversal. This is connected with risk on/risk off-key momentum and an upside continuation for the commodities.
Note: you can enter the long trade entry upon a price action bounce and a break above 4.3090 with the stop loss below 4.24
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