financialflagship

COPPER (XCU/USD) – Week 21 – Targeting the support.

Short
OANDA:XCUUSD   CFDs on Copper (US$ / lb)
In our previous analysis, we expect Copper to start a bullish move and break the top. Instead, the price has fallen into a deeper correction.
In this context, in the coming days, we are expecting a slight price increase towards the resistance area , before making another drop, having a chance to reach the support.
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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Comments

Great work!
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@YMGroup thank you mate! 🙌
Reply
Maybe) Thank you for you idea!
Reply
@AtlasTrades you're welcome!
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valid support and resistance on chart

thanks for sharing
Reply
@MMBTtrader you're welcome!
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Good idea
Thanks for sharing
Reply
@OptimoomFX you're welcome!
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Very good TA.
Keep up the good work :)
Reply
financialflagship SensibullTrading
@SensibullTrading, Thanks buddy! 🙌
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