Copper forms "Bullish Gartley", good to buy dips

FX:COPPER   CFDs on Copper
128 1 4
Copper             is extending bounce off multi-month lows (not seen since Feb 15th) at 2.037 hit on May 19th.

Bullish Gartley Pattern on daily charts .

Techs also support upside, Stochs and RSI have rolled over from oversold region and are biased higher.

MACD line has shown a bullish crossover on signal line.

21-DMA at 2.1230 is immediate resistance on the upside. Break above to see next hurdle at 2.138 (38.2% Fib).

Supports on the downside are seen at 2.077 (converged 5&10 DMAs), 2.037 (May 19th lows) and 2.030 ( trendline ).

Good to buy dips around 2.10, SL: 2.077, TP: 2.123/2.138/2.169
Good work, thanks.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out