IceTrading
Long

Long term Copper Buying Opportunity

COMEX:HG1!   Copper Futures
High Grade Copper Futures             have just met with a long term uptrend spanning back to 2003             . Copper             is oversold and a bounce off of this trendline indicates large potential long term future growth. Entering the market around 2.40 with take profits at 3.00, 4.00 and 5.00. Please don't hesitate to leave your thoughts and comments. Good luck to all and happy trading.
High negative correlation with USD/CLP. Both looks exactly opposite on monthly chart. I'll pay attention to USD/CLP to get a TP for copper. I'm long on copper. Thanks for the share and hope we both make some handsome profit.
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