Get started
Tickmill

Copper is approaching support, potential bounce

Long
CFDs on Copper (US$ / lb) (OANDA:XCUUSD)  
Tickmill Broker  
OANDA:XCUUSD   CFDs on Copper (US$ / lb)
Trend Analysis Harmonic Patterns Chart Patterns Copper
113
0
trendanalysis harmonicpatterns chartpattern copper
We caught the reversal nicely. Currently price is facing bullish pressure from our first support where we could see a bounce above this level. The Ichimoku cloud is showing signs of bullish pressure as well in line with our bullish bias.


Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.

This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.