Copper downside breakout

Copper is breaking below 3.700

 

Copper is breaking below the strong resistance of 3.7000 and is extending lower. This break is confirming the reversal lower and is invalidating the upside continuation completely. With this break, copper is on the way to testing the most significant downside resistance at 3.200 before 2.

Note: look for the short trade entries with the stop loss above 3.8500

Copper downside breakout

 

 

 

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