#Copper: Bears In With Force, Further Downside Likely
Traders,
Copper is having some very nice downside movement, looks like we can either; wait for a pullback and go short, or wait for some consolidation before another short. Well done to my signals group who got this move with me from the top, and well done to anyone who found this move and shorted it alone.
With Copper acting like this, it's worth looking at USDCLP for a long trade, where you can trade it as a risk off trade and maximise profits whilst offering an umbrella to capital.
Copper is having some very nice downside movement, looks like we can either; wait for a pullback and go short, or wait for some consolidation before another short. Well done to my signals group who got this move with me from the top, and well done to anyone who found this move and shorted it alone.
With Copper acting like this, it's worth looking at USDCLP for a long trade, where you can trade it as a risk off trade and maximise profits whilst offering an umbrella to capital.
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.