TheBadPanda
Long

COPPER - Trading at a Key Level - Potential Pullback

FOREXCOM:CUUUSD   Copper
COPPER             has had a sweet run higher after returning to the 2.94 support level . Currently we are trading at the 3.30 level and I see this as another potential sell off so here's the analysis so you're all prepared to capitalize on another opportunity.

Ideal Scenario: We post a higher day Monday and just scream on higher to 3.45. Sick!

Medium Risk Scenario: We retrace to the 3.25 or 3.20 levels and start a new rally from there.

New longs scenario: We retrace deeper to 3.10 and get the opportunity to buy in again (in case you missed getting in already).

Lets keep and eye on COPPER             in the coming days and see what happens. Whatever happens, even if we reverse entirely, I'm overall bullish on this metal!

Note: All ideas expressed here are presented solely for learning and educational purposes only. Any gains or losses assumed by trading ideas presented by The Bad Panda are done so at your own risk.
DE Deutsch
EN English
EN English (UK)
EN English (IN)
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Startseite Aktien-Screener Devisen-Screener Krypto-Screener Wirtschaftskalender So funktioniert es! Chartmerkmale Hausregeln Moderatoren Webseite & Brokerlösungen Widgets Stock Charting Bibliothek Feature-Anfrage Blog & Nachrichten FAQ - Häufige Fragen & Antworten Hilfe & Wiki Twitter
Profil Profileinstellungen Konto und Abrechnung Meine Support Tickets Support kontaktieren Veröffentlichte Ideen Followers Ich folge Private Nachrichten Chat Abmelden