Copper: Strong Bearish Presence, Bulls Ran Out Of Steam
Traders,
Compelling bearish candles at the top of the range at the sideways resistance. There is 2 shooting stars showing strong selling pressure followed by clear bearish follow through. This could be a corrective or bearish impulse leg, but more likely a corrective leg before more upside. But still a good opportunity to get a few points, and definitely a sign to take profits if in a long position.
I hope you have a tested trading strategy to trade this move when it starts
Thank you for your support
Compelling bearish candles at the top of the range at the sideways resistance. There is 2 shooting stars showing strong selling pressure followed by clear bearish follow through. This could be a corrective or bearish impulse leg, but more likely a corrective leg before more upside. But still a good opportunity to get a few points, and definitely a sign to take profits if in a long position.
I hope you have a tested trading strategy to trade this move when it starts
Thank you for your support
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