Copper Jan Daily Chart Has Formed "Megaphone Chart" Pattern

Copper Jan daily chart has formed "Megaphone chart" pattern. The last few sessions been in sideways trend along with some corrections inside the channel.

The market is expected to continue on bullish momentum based on the current price action, testing all the way through 450 level in the upcoming sessions.

Alternatively, if the market breaks below a key support holding at 444 then it might turn bearish once again. The downside rally could test up to 440 level. Key resistance holds at 450.

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