Even though the copper price recovered to 3.10 quickly from last week, however copper price went range trend(pressure zone 3.22~3.05) since mid Oct to early Dec 17. Provided copper fail to break 3.17 in coming days then there will be high chance to form right shoulder pattern. Then, short trade is preferred. Initial target is short till 2.90 (potential neckline). After that, to be observe
Order cancelled
My previous idea was invalid after price successfully broke above 3.17.
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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.