Copper - Intraday - We look to Sell a break of 34580 (stop at 34910)
Trend line support is located at 34850.
Daily signals for sentiment are at overbought extremes.
A break of 34600 is needed to confirm follow through negative momentum. A higher correction is expected.
Although the bulls are in control, the stalling positive momentum indicates a possible turnaround is possible.
Our profit targets will be 33510 and 33110
Resistance: 35000 / 35300 / 35600
Support: 34900 / 34600 / 34000
Trend line support is located at 34850.
Daily signals for sentiment are at overbought extremes.
A break of 34600 is needed to confirm follow through negative momentum. A higher correction is expected.
Although the bulls are in control, the stalling positive momentum indicates a possible turnaround is possible.
Our profit targets will be 33510 and 33110
Resistance: 35000 / 35300 / 35600
Support: 34900 / 34600 / 34000
Order cancelled
Trade wasn't filled
Related publications
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.
Related publications
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.