High Grade Copper Futures have just met with a long term uptrend spanning back to 2003. Copper is oversold and a bounce off of this trendline indicates large potential long term future growth. Entering the market around 2.40 with take profits at 3.00, 4.00 and 5.00. Please don't hesitate to leave your thoughts and comments. Good luck to all and happy trading.
High negative correlation with USD/CLP. Both looks exactly opposite on monthly chart. I'll pay attention to USD/CLP to get a TP for copper. I'm long on copper. Thanks for the share and hope we both make some handsome profit.