Copper is in decline.
The 50 MAV has provided dynamic trendline resistance.
Price has rallied from the recent swing low to now be at Fibonacci 61.8 level . A short in line with the present intraday trend is suggested
1. Enter - 748
2. Stop - 753 ( Above 100 MAV and Kumo )
3. Target - 718 ( .618 extension)
RR = 6+
The 50 MAV has provided dynamic trendline resistance.
Price has rallied from the recent swing low to now be at Fibonacci 61.8 level . A short in line with the present intraday trend is suggested
1. Enter - 748
2. Stop - 753 ( Above 100 MAV and Kumo )
3. Target - 718 ( .618 extension)
RR = 6+
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