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MoonPickle
24 Th02 2018 14:57

Copper $CUUUSD Inverted Head and Shoulders - LONG  Giá lên

Mô tả

Inverted head and shoulders action for copper to signal the end of a minor pullback and continuation of uptrend.

Positive angles and tilts in price action suggest uptrend is intact.

COPPER XCUUSD

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bullish bounces @ 50 RSI to reinforce positive price action

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formation of right side with positive tilt on the dip

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BTFD

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drop on right shoulder appears to have a negative tilt, (high) peak in reversal wave is critical for confirmation of continuation trend

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blocked by metals tariff issues in politics. ouch

theguardian.com/us-news/2018/mar/08/donald-trump-metal-tariffs-trade-war
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MoonPickle
catalyst of uptrend price action: trapped inventory

nadex.com/market-news/2018/02/23/trapped-inventory-means-higher-copper
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