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Target hit. Near a Lower High confirmation. Short.

Short
CFDs on Copper (US$ / lb) (OANDA:XCUUSD)  
InvestingScope  
OANDA:XCUUSD   CFDs on Copper (US$ / lb)
Trend Analysis Chart Patterns Technical Indicators Copper xcuusd (Copper) Copper Futures HG1! Metals Commodities
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trendanalysis chartpattern indicator copper xcuusd hg1! metals commodities
Copper is trading within a 1D Channel Down (RSI = 43.155, MACD = -0.058, Highs/Lows = -0.0015, B/BP = -0.0380) after reaching the 2.54472 mark. It is now near a new Lower High = 2.69388, which if it holds, will test the 2nd 1W support = 2.45945, which is our target for the new short on XCUUSD. If the Lower High is crossed, the we will get a temporary rise to 2.85479.
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