Fxprotrader

Copper Potential Big Move Up

FX:COPPER   Copper
144 0 7
Price will soon test a key level. A divergence with MACD makes me believe that we might have a breakout above this level. In this case we should wait for a correction and go long. If price bounce at this key level and retrace, we should look for a breakout to the down and sell, following the trend.
Comment: Price has broken that level as we expected. We should now wait for a correction and buy the market

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