TomProTrader

Copper- Will We Finally See Resolution Into The Highs? #CU

FX:COPPER   Copper
235 4 9
Traders,

A frustrating journey thus far with Copper             , waiting for the right time.

We have had some sideways consolidation, and there is evidence that the bulls are reloading here and we may take the upside. I consider, in this situation, that is the bulls cannot break nicely above the highs of today's candle that the bulls are probably invalidated, and waiting for this set up was not fruitful. This happens at times. But let's hope Copper             sees resolution and we can see the upside with this commodity.

Best of luck
Tom

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Agree with first target. Not with second. I view your first target as a good short entry. GL bud
Reply
great idea tom! :)
When do you consider to enter?
Reply
Nice base for a rally.

More fuel for this thesis:



Downtrend target hit, for my approach, it implies a potential retracement/reversal off this zone.
Reply
Yeah, like that.
+1 Reply
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