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Signal_Centre1
Dec 8, 2020 6:56 AM

Copper sell the break setup. Short

CopperFXCM

Description

Copper - Intraday - We look to Sell a break of 34580 (stop at 34910)

Trend line support is located at 34850.
Daily signals for sentiment are at overbought extremes.
A break of 34600 is needed to confirm follow through negative momentum. A higher correction is expected.
Although the bulls are in control, the stalling positive momentum indicates a possible turnaround is possible.

Our profit targets will be 33510 and 33110

Resistance: 35000 / 35300 / 35600
Support: 34900 / 34600 / 34000

Order cancelled

Trade wasn't filled
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