Short Term SELL Trade In Copper

Copper is moving in a congestion area since first week of September, 2013 and revolving around important moving averages. Though nothing is clear in which direction Copper will breakout, I prefer going for a short term SELL for a target of 3.06 – 3.02 with a strict stop-loss of 3.3. This trade is an aggressive trade in anticipation of Copper moving down!

Copper trading strategy and technical analysis

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