andriustovenskas

Long term Copper forecast

Short
OANDA:XCUUSD   CFDs on Copper (US$ / lb)
Copper is in a big consolidation, so mid-term I expect it to continue downwards to around 2.1$. Long term it should break previous top of 3.3$ and then plunge below 2$ once again.
P.S. blue ghost pattern is from Silver chart, however I expect copper to plunge much faster than Silver.
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