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Xcuusd (Copper)

xcuusd long termCopper weekend revision. Copper = inflation commodity On log scale its out of its long term bear channel (not on normal scale). I expect a fall to 2.45 short term as a possibility. However long term i stil believe in the inflation trade. But the market Always is the opposite of Obvious. Commercial traders have recognized this and our near record short. Indicating short term down presiure is near. Short is a distinct possibility before we can continue the reflation trade.
OANDA:XCUUSD
by Childrenofmen
Copper Bearish AB=CD Pattern ShortWe can see a double top with 2 nice pinbars at an expected level of resistance. Note that this level is the .618 retracement level of the last larger drop as well. The RSI looks as it may be coming out of overbought and we are near the 1.618 extension of the last move up. Please do not use this as a trade signal. I am still learning much about trading and I do not recommend you take this trade -- these are just my ideas. I welcome any feedback or comments below!
COMEX:HGH2017Short
by SharkbaitAl