COPPER

Copper has given breakdown along with good intensity of volume, also formed 5 wave declined as a wave i after forming triangle as a wave X, wave ii has retraced very minor pullback, and now possibly wave iii is unfolding, which is making sentiments more bearish along with trend indicators supports in same bias, all the key levels are mentioned on chart.

Overall wave structure on daily chart
snapshot

breakdown with good intensity of volume
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RK's magic cloud sell activated in Daily
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RK's magic cloud sell activated in hourly
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macd in weekly running negative
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macd in daily running negative
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macd in hourly turned negative
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rsi in hourly
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overall key levels are mentioned on chart
snapshot

Most investors treat trading as a hobby because they have a full-time job doing something else.
However, If you treat trading like a business, it will pay you like a business.
If you treat like a hobby, hobbies don't pay, they cost you...!


Disclaimer.
I am not sebi registered analyst.
My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing.
I am not responsible for any kinds of your profits and your losses.




CoppercoppershortelliottwavecorrectionelliotwaveanalysisTechnical IndicatorsTrend AnalysisWave Analysis

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Disclaimer.
I am not sebi registered analyst.
My studies are for educational purpose only.
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