Signal_Centre

Copper - Bearish outside candle signals correction is complete

Short
FX:COPPER   CFDs on Copper
Copper - Intraday - We look to Sell a break of 2.2800 (stop at 2.2900)
Price action has posted a bearish Outside Day and is negative for short-term sentiment. This is negative for sentiment and the downtrend has potential to return. The overnight rally has been sold into and there is scope for further bearish pressure going into this morning. Although the bulls are in control, the stalling positive momentum indicates a possible turnaround is possible. Further downside is expected, however, due to the strong support below we prefer to sell a break of 2.2800, which will confirm the bearish sentiment.
Our profit targets will be 2.2500 and 2.2250

Resistance: 2.3200 / 2.3800 / 2.4000
Support: 2.2850 / 2.2500 / 2.2250
FREE Telegram Group - https://t.me/SCFree
Premium Membership - https://bit.ly/2W7OAxp

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out