Copper is breaking below the strong resistance again

Copper is breaking below 4 again

 

Copper is breaking below 4 after the rejection from 4.60. A break, if confirmed could lead to a bigger pullback into 3.400. It will also end a Year and a month-long consolidation wedge and would mart a medium-term top for copper.

Note: look for the short trade entries with the stop loss above 4.2 upon a confirmed break below 3.98

 

Copper downside reversal

 

 

 

 

 

“If you think Investing is risky, wait till you receive a bill for not Investing!” Jim Rohn

REAL-TIME TRADERS EDUCATION! TRADER’S CLASSROOM ONLY $69 PER MONTH!

 

COPY TRADING MADE EASY

Take a break from your trading routine Copy our trades!

 



Scroll to Top
×