Rupesh
Long

COPPER SHORT TERM BREAK OUT

FX:COPPER   Copper
24 0 5
FX:COPPER            
Technical outlook and chart setups:
Copper             Break out Down Trend Lined pushed through the 2.365 resistance levels around $2.32 for now. The metal is seen to be producing a Bullish Adam and Eve candlestick pattern at the moment, indicating a potential pullback higher. It is hence recommended to remain Long for now, while aggressive trade setup could be to initiate Long positions, with risk at $ 2.20 levels. Immediate support is seen at $2.35./2.20 levels.

Trading recommendations: Remain flat for now. Aggressive setup is to initiate Long positions with stop at $2.20., target $2.428. and 02.52 higher
Good luck!
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