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VanSteenMarketResearch

{XCU/USD] Struggles to aim higher; consolidation, look for short

Short
CFDs on Copper (US$ / lb) (OANDA:XCUUSD)  
VanSteenMarketResearch  
OANDA:XCUUSD   CFDs on Copper (US$ / lb)
Chart Patterns Trend Analysis Pennant Copper short commoditytrading bearmarket tradesetup Technical Analysis
3
0
chartpattern trendanalysis pennant copper short commoditytrading bearmarket tradesetup technicalanalysis
Price is trapped within a range, does not look like the uptrend(channel) is holding.

From what I see now, I would see price drop.

What can happen:

> Price aim for 2.8, maybe further targets down to 2.5
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