COPPER

10 thg 5, 2022

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


breakdown with good intensity of volume


RK's magic cloud sell activated in Daily


RK's magic cloud sell activated in hourly


macd in weekly running negative


macd in daily running negative


macd in hourly turned negative


rsi in hourly


overall key levels are mentioned on chart


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My studies are for educational purpose only.
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