Copper could be forming a channel

Copper Futures are showing some kind of bottoming out and consolidation recently.  It has reacted after crossing the Feb high.  Also, it has made higher high/ higher low pattern starting from month of Jan.  These highs and lows are inside a channel and it could be a low risk buy near the channel bottom.

Copper Futures are showing some kind of bottoming out and consolidation recently.  It has reacted after crossing the Feb high.  Also, it has made higher high/ higher low pattern starting from month of Jan.  These highs and lows are inside a channel and it could be a low risk buy near the channel bottom.