We analyzed the copper chart in the past (in Fxcma telegram channel), which according to the analysis, the market began to move and on September 22, and buyers entered the market and placed the value of this metal at a higher level.

Regarding the structure of the movement on the daily chart, it is likely to be in the correctional phase, and we have identified correctional labels in the diagram, which traders considering the return signals, such as candle stick reversal patterns, copper analysis, and Divergence can take the sale deals up to 2.7219$

The resistance level (in red) has an overlap with the uptrend line, here the change of polarity support to resist.

Copper analysis – 5 October 2017
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