I didn't write much previously, but have done extensive research on this trade recently that I would like to point out. Things to consider for going long:
1. Coppers price is tied to Chinas GDP, which is projected to increase steadily for 2016.
2. Volume has picked up strongly recently more than the last few years atleast
3. Based on the COT report commercial traders are net long
4. We're in a wedge pattern, with confirmed volume and divergence.
5. Copper also touched a 20+ year trendline around 1.98.
6. Completed a huge weekly cypher pattern at the .786 fib level at 1.98.
7. FInally, a trade like this could very well yield a 20:1 risk/reward over the long term.