Dani0

POSSIBLE HEAD AND SHOULDERS FORMATION IN COPPER CUU

OANDA:XCUUSD   CFDs on Copper (US$ / lb)
Copper looks to be forming a head and shoulders pattern here which should break to the downside and as you know from my past publishes, targets are outlined in yellow.

Might want to take a look at commodities, as formations there looking like a break back down, e. g. crude oil looking go likely revisit mid to lower $40s.


HELPFUL VIDEOS TO TEACH YOU:

www.youtube.com/watch?v=rNI166nM...

www.youtube.com/watch?v=v-Cz_LUs...


DISCLAIMER;
Do set stop losses when trading but be generous with how much room you allow for this due to candle wicks and there is also the possibility to hedge yourself, for more confident traders.

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