Technician
Short

#Copper: Facing Main Resistance

FX:COPPER   Copper
995 5 29
Copper made an impressive run higher. However, watch-out, it's retesting a key area.
  • A previous horizontal support which might turn now to the main resistance.
  • The falling trend line
  • The 52-week Average .
Could be a good place to look for short trades as a first scenario.. Unless that resistance breaks, which could signal more upside.

Good luck
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Technician
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Hit_N_Run
2 years ago
Good analysis
Reply
Hi Technician;

Below is my recent look into Copper stocks, I understand that it is far from your trading style, and strategy. But I gathered some fundamental and technical reasons, why the copper should resume decline.

Expecting a Reversal
+1 Reply
Tijmen_K
2 years ago
this one is also going well! Thanks again technician! we all appriciate your work! :D
Reply
Technician TOP Tijmen_K
2 years ago
Thanks mate
Reply
Harsh
2 years ago
hi Technician
Please Tell Copper Treading view
Reply
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