Copper Analysis
Updated
Hello trade us today I'll be doing an analysis of copper 4H Heikin Ashi.
Currently on the corrective waveform, parallel channel price decline was halted with strong support from the previous intermediate with 3 to 4. Indicators been bullish upwards towards 38% retracement Fibonacci if Copper can overcome resistance of 4.78$ will be heading towards a new all-time high. Leave your comments and likes. Please follow for more update on copper
Currently on the corrective waveform, parallel channel price decline was halted with strong support from the previous intermediate with 3 to 4. Indicators been bullish upwards towards 38% retracement Fibonacci if Copper can overcome resistance of 4.78$ will be heading towards a new all-time high. Leave your comments and likes. Please follow for more update on copper
Note
Updating my idea due to wave analysis count, bearish price action not over, as we can see we might be heading for a C zigzag.
Note
Copper did not reach previous target/resistance level of $4.78.Note
Still believe me.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.