ThinkingAntsOk

"Top and Bottom Analysis" Copper (XCUUSD) by ThinkingAntsOk

Long
OANDA:XCUUSD   CFDs on Copper (US$ / lb)
4H Vision Explanation:

- Price broke the Descending Trendline and started an up move.
- It has potential to go up towards the Major Resistance Zone at 2,96767, being careful with the Middle Support Zones.
- However, the Bearish Divergence on MACD could be anticipating a Pullback to the broken Resistance Zone that is now a Support Zone.

We are also long in our Weekly and Daily Vision.

Weekly Vision:

Daily Vision:

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