Correction in Copper Almost Over! - Elliott wave analysis

14 thg 8, 2020

Hello traders!

Copper is slow and overlapping from the high so we see market in a corrective set-back. Ideally that is a wave four which may try to find support now at the rising trendline. As such, be aware of a new continuation higher, especially when/if upper line of a corrective channel support is taken out.

Trade well!

18 thg 8, 2020

Ghi chú

Copper started to break above the upper corrective channel line. 2020 high in view, and expected to be breached!

19 thg 8, 2020

Ghi chú

Copper beyond 2020 highs, and targeting 3.09/3.15 possible resistance/reversal level, as wave 5 of a bigger impulse is underway.