XCUUSD LONG TERM BUY SETUP
Copper has a head and shoulders pattern in the weekly chart and breaks through the neckline. After breaking the head and shoulder mode, the theoretical target of copper is 3.6-- 3.7.
Copper has shown signs of stabilizing this week, and the four-hour chart shows the copper again forming a small level of head and shoulders, and the neckline has broken through.
Next week wait for the copper to step back to the neck of the bottom of the shoulder. If the price can be stabilized here, I will buy copper in the long term.
Copper has shown signs of stabilizing this week, and the four-hour chart shows the copper again forming a small level of head and shoulders, and the neckline has broken through.
Next week wait for the copper to step back to the neck of the bottom of the shoulder. If the price can be stabilized here, I will buy copper in the long term.
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