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DMC
Jul 10, 2017 10:10 PM

!COPPER Potential Short Opportunity! Short

CopperFXCM

Description

We saw an easy break in the 50 MA and on the clouds first level. We are now seeing resistance within the cloud and a rejection of the 100 MA, if we see a break in that level is is a short from here on out.

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CTF - COPPER -0.13%
Chart timeframe - 4hr
Area of interest - 2.67 , 2.58

Potential target 1 - 2.62
Potential target 2 - 2.595
Potential extended target - 2.58


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Trade Safe everyone!

Order cancelled

No trade was placed to short or long, failed break of cloud and stuck inside. CTF too high for a long to happen will wait to find new levels soon.
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