#COPPER

Copper formed a bullish harami today during a pullback that followed a bearish engulfing candle, as price action potentially develops into a bull flag pattern. 

The harami, characterized by today’s smaller candle gapping within the body of yesterday’s longer red candle, reflects a slowdown in selling momentum and suggests indecision among traders. 

This pattern indicated that sellers lost some strength, with buyers beginning to step in at these levels. 

For confirmation, the harami needs follow-through to the upside, which might lead to a breakout above the flag’s resistance. One to watch for a pivot play. 

$ERO $FCX $SCCO $BHP $RIO $TECK $GLNCY $TGB $HBM $CPER $COPX $VALE $NEM $XME $AA $CLF $MT $ANTO $LUN $IVN $TRQ $KAT
#COPPER