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Trading Idea - Copper, 13-03-2024
Trading Signal: #C-COPPER
Order | Buy |
Direction | Bullish |
Pattern | Bullish flag pattern breakout |
Interval | Daily |
Length (Candles) | 4 |
Idea Summary
The medium term COPPER price forecast is bullish. The COPPER price has broken out of a flag chart pattern above the 200-day moving average MA(200). Most likely the price will continue rising while there is a likelihood it may reverse and start falling to test the resistance of the flag chart pattern.
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