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

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