REnastere

Long therm trade, low risk

Long
FX:COPPER   CFDs on Copper
Long term trade opportunity. If this week after the CPI announcement the candle remains bullish with a high volume and a close price closer to the high of the candle, then the probability of having an all-time high in Copper is very high because it is a very bullish seasonal trend in December, January consolidation, and February and March very bullish price again (the strongest bullish trend of all copper in the year. + is a very large increase in open interest of the futures contract that follows (not the current one)

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.