albert.callisto

Copper - bearish, second leg

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FX:COPPER   CFDs de cobre
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If you are tired of discussions about oil, China and Janet, pay a look at metals. After consolidation sequence, copper made a first 'V' and we may be right in the second now. One could enter now or wait for a small retracement towards a resisting Kijun. Ichimoku shows a dense upper cloud which resisted to the 4th Feb attempt to break the 2140 level. The lagging span could slide against the leg of the first bottom until it reaches the base support around 1940.

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