financialflagship

COPPER (XCU/USD) – Week 22 – New top on the cards.

Long
OANDA:XCUUSD   CFDs on Copper (US$ / lb)
In our previous analysis, we expected Copper to test the support level before resuming the bullish trend . Instead, the price started the bullish move without testing the support level .
In this context, we expect a pullback to occur around the orange trendline that will act as a trigger for a bullish move that will break the previous high.
Trade with care.

Best regards,
Financial Flagship

Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
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Comments

Same view. Thanks for this
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Lovely breakdown, my friend! Thank you
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@Investroy, Thanks a lot! You're welcome.😊
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Same view! thanks for sharing🔥
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@FieryTrading most welcome mate 🔥
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Good analysis :)
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@Zaks_ForexSignals1 thanks a lot :)
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Good idea to buy..
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@vishvam-fx looking good indeed
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simple and Powerful Setup 😋
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