Copper (XCUUSD): Wait For Breakout!!!

15 thg 2, 2020

Copper is stuck on a key level as well.

2.61 is a decision level of the market and the reaction of the market participants matters.

in case of a bearish breakout of a small rising channel, I will short the market expecting a test of 2.54
in case of a bullish breakout of the underlined horizontal resistance, I will buy expecting a bullish continuation to 2.675

patience pays, friends!