Jan 062011


Copper - Daily Chart

An evening star pattern is visible on copper's daily chart. While this is a high probability reversal signal, a close into the coloured region would add further weight to this reversal signal.


This currency basket clocked a wide ranged bar yesterday and is taking aim at the 200 DMA. With a micro double bottom in place, piercing through the much followed 200DMA is the likely scenario.

 Posted by at 3:39 am  Tagged with:

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