Forecast and trading strategy for Copper

The price of Copper surged 250 pips in the commodity futures market. This price jump has attracted bullish energy traders. We will use a breakout trend trading strategy. As soon as the price breaks the level of 4.580 we will open a long position. You should not count on a long-growing trend, as the price has an obstacle ahead in the form of a strong resistance level. Therefore, we recommend taking profits of 45 pips.

Symbol: COPPER
Order Type: Pending Order - Buy Stop
Entry Price at 4.575
Take Profit at 4.620
Pips Earning: 45

Trading forex strategies:
EURUSD buy at the price of 1.0765
USDJPY buy at the price of 130.05
GBPUSD buy at the price of 1.2590
USDCHF sell at the price of 0.9555

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