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spranav
Aug 5, 2021 5:45 AM

Copper Futures : H1 Short (Price Action : LH + LL) Short

Copper Futures (Sep 2021)COMEX

Description

Copper Futures HGU2021 H1 chart shows series of LOWER HIGHS + LOWER LOWS from July 26 2021. Contrarary to fundamentals (strike in copper mine would create shortage in supply, etc) the technical analysis shows there is a room for some more down side towards 4.285. The downtrend would end if the price trades above previous HIGHER HIGH.

Trade closed: target reached

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