glennmercer

Copper Outlook: Lull Before Rally

Long
glennmercer Updated   
FX:COPPER   CFDs on Copper
At the request of one of our TV traders, here is my outlook on copper. I like it long, but I want to see some retrace or a basing pattern before continuation. Afterwards, a bullish impulse will be the key factor in taking a long position with a SL below the root of the continuation.
Trade closed: target reached:
Target area hit!

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