Fxprotrader

Copper: Buy Opportunity

Long
OANDA:XCUUSD   CFDs on Copper (US$ / lb)
The sliding parallel of the upsloping median line set has acted so many times as support, validating the slope of price as it's climbing to the upside. The price is about to retest the sliding parallel and with such given previous support we consider going long at the retest.

Entry level: 3.05731
Stop-loss: 3.04105
Take profit: 3.08338, 3.10796

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