Copper confirmed a daily breakout of a flag pattern. Great follow through today. Next resistance comes in at previous highs of 4.80, and then likely new highs after that.
Potential retest of the trendline breakout is possible. Just normal breakout market structure. This chart interest me because it is very similar to Oil a few months back. And look what happened:

Hoping for a similar move. Inflation trade? Metals are getting a bid, and let's not forget to give some love to Dr. Copper!
Potential retest of the trendline breakout is possible. Just normal breakout market structure. This chart interest me because it is very similar to Oil a few months back. And look what happened:
Hoping for a similar move. Inflation trade? Metals are getting a bid, and let's not forget to give some love to Dr. Copper!
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这些信息和出版物并非旨在提供,也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
