COPPER (XCU/USD) – Week 12 – Bearish move expected
Copper moved slowly the entire week and at the moment the consolidation looks like it is almost complete.
In the coming days, we are expecting the price to test the resistance area before starting a bearish move towards the liquidity pool located around the 3.80 area.
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.
In the coming days, we are expecting the price to test the resistance area before starting a bearish move towards the liquidity pool located around the 3.80 area.
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.
Trade closed: target reached
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