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!
Now it’s your turn…..
Feel free to share your experience and thoughts in the comments area.
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