Copper Flirting With A Final Leg Lower

A good time to review the Copper chart, with a clearly cautious market and hesitant to break the lows before Fed. I am looking for a daily close below the lows to trigger a cascade of stops and resolve the pending ABC completion.

For the targets 2.45316 and 2.23342 are in play as long as the downtrend remains intact.

Copper next to lose its shine... Strong Dollar prevails


From a waves perspective we remain in the same flows as before, the final 'C' inside a macro wave 2;

A final leg lower for Copper?


Hope it helps.


Beyond Technical AnalysisCoppercopperlongcoppershortCopper Futures HG1!ridethepigTrend AnalysisWave Analysisxcuxcuusd (Copper)xcuusdlongxcuusdshort

Também em:

Publicações relacionadas

Aviso legal