TomProTrader

Copper: Strong Bearish Presence, Bulls Ran Out Of Steam

FX:COPPER   CFDs on Copper
124 2 7
Traders,

Compelling bearish candles at the top of the range at the sideways resistance. There is 2 shooting stars showing strong selling pressure followed by clear bearish follow through. This could be a corrective or bearish impulse leg, but more likely a corrective leg before more upside. But still a good opportunity to get a few points, and definitely a sign to take profits if in a long position.

I hope you have a tested trading strategy to trade this move when it starts

Thank you for your support
Thanks tom
+1 Reply
@piptamil, Good luck.
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