sngyuchao

Copper Elliott Waves Count: Copper ending in a flat

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COMEX:HG1!   Futuros de cobre
Based on my Elliott Wave counts, Copper's fall should be ending. But there is still money on the table and it should be taken given that there is still a good 500 points (or 100 ticks in futures) to be harvested. Note that I have 2 parallel trendlines drawn using the recent highest 2 points and replicating it at the bottom. That will be where the take profit zone is.
Stop-loss above $3.086.
Trade fechado: stop atingido:
Copper has moved only after a complex combination which triggered the stop loss here if you had followed my analysis. Even though the price did move down as expected.

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