Copper has hit an important weekly demand area and then an upward move that has not had strong momentum and has also been weak to the downside. Considering the high and low liquidity, if the high liquidity is established first, the first scenario is proposed, which is the possibility of a pullback in the four-hour supply area and then ascending to higher areas...
We are in a weekly trading range and in the middle of trading range. We have high and low weekly liquidity and we are in FVG area. A possible scenario of moving up and filling the high FVG or taking liquidity and lower of trading range and then descent for the trading range floor. In case of confirmation of candlestick patterns and news, lower points are possible.
