themarketzone
Long

Bullish AB=CD pattern near the Psychological level 2.0

FX:COPPER   Copper
Copper             , just like the rest of the metals (see analysis for gold             below), completed a bullish pattern - Bullish AB=CD pattern .
Unlike gold             that rallied strongly following Friday's NFP numbers, Copper             didn't make the breakout and still below its daily Fast SMA line.
If Copper             will break above 2.08, it could lead to a strong rally that can reach up to 2.2-2.25 - First daily target for this bullish setup.
Stop loss should be with safety distance below 2.0.

Tomer, TheMarketZone.net

Follow me on TradingView
Follow my blog - http://goo.gl/TWWN8C

Subscribe to my mailing lists - http://goo.gl/JfOLoR

Special ECB preview - https://goo.gl/hZMkYY

Tomer J,
The Market Zone - You trading Edge
Visit my website - http://www.themarketzone.net/
Blog - http://www.themarketzone.net/?page_id=2371
Youtube - https://www.youtube.com/c/TheMarketZoneNet
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out