Type: Bullish Continuation Key Levels:Resistance: 3.9600 Pivot: 3.6885 Support: 3.5545 Preferred case:Looking at the H4 chart, my overall bias for HG1! is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market. If this bullish momentum continues, expect price to possibly continue heading towards the resistance at 3.9600, where the previous swing high is. Alternative scenario: Price may head back down towards the pivot at 3.6885 where the 28.2% Fibonacci lien is. Fundamentals: There are no major news.
from Tickmill Expert Blog - Forex Traders Blog https://www.tickmill.com/blog/copper-futures-hg1-h4-potential-for-bullish-continuation5"
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