InvestingScope
Long

Copper: Significant upside potential.

OANDA:XCUUSD   CFDs on Copper (US$ / lb)
Copper is on a 4H bullish leg ( RSI = 62.650, MACD = 0.014, Highs/Lows = 0.0064), after finding support around 2.6000. It just crossed (marginally) above the MA50 and on similar patterns since September 18, this calls for a bullish extension at least towards 2.8400, which is our TP. Breaking above the MA200 enhances the probability for a test at the 2.95000 1D Resistance.







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Any Update? !
+1 Reply
@Dguaman, Hello. It is still valid. Double bottom made at 2.600.
Reply
Dguaman InvestingScope
@InvestingScope, 2.83/84 target right ?
Reply
Can you update sir, this still ON ? Thanks !
+1 Reply
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