LME Copper
, 1 hour
long
#Technical
#Bullish
| Resistance 1 | 4.35664 |
|---|---|
| Quote Price | 4.31872 |
| Support 1 | 4.2500 |
| Support 2 | 4.2000 |
On the 1 hour chart, we can see more closely the bullish setup around the 4.28 level where we have the confluence of the trendline, the 4-hour 21 moving average and the 38.2% Fibonacci retracement level. The buyers will look for a bounce while the sellers will want to see a break

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