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CFDs on Copper

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COPPER trade ideas

Copper XCU/USD (Quietly Rising)View On Copper XCU/USD (4 JULY 2020) Copper is quietly rising and it shall continue to do so. Now $2.6 region will become a great support for any pullback as copper price shall rise further toward $2.8 or $2.85 soon. DYODD, all the best and read the disclaimer too. Feel Free to "Follow", press "LIKE" "Comment". Thank You! Legal Risk Disclosure: Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor. DISCLAIMER: Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice. Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
OANDA:XCUUSDLong
by SonicDeejay
1
XCUUSD: Potential Bearish ReversalPrice has come into a long term downward trend line and showing weakness but no confirmation yet. Aggressive trader can look towards an entry if there's a rejection of Fri high. The more prudent approach will be price taking out the recent structure low(red circle), than look to sell the pull back to target the fib 61.8 of the last up swing. Will be looking at his closely for a SHORT trade. DISCLAIMER: Any opinions, analyses discussed in this presentation are just my personal opinion and do not constitute investment advice. I do not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information. PRICE ACTION only tell half the story. The other key half is VOLUME. For VOLUME drive price.
OANDA:XCUUSDShort
by OFPA_FX