COPPER (XCU/USD) – Week 16 – Important area ahead.
Last week, Copper reached the resistance area and it looks undecided at the moment.
In the coming days, based on the market structure, the next probable move is a bearish impulse that may push the price into the liquidity pool area, but for now, we don’t have a clear setup.
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, based on the market structure, the next probable move is a bearish impulse that may push the price into the liquidity pool area, but for now, we don’t have a clear setup.
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: stop reached
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