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.
From a waves perspective we remain in the same flows as before, the final 'C' inside a macro wave 2;
Hope it helps.
For the targets 2.45316 and 2.23342 are in play as long as the downtrend remains intact.
From a waves perspective we remain in the same flows as before, the final 'C' inside a macro wave 2;
Hope it helps.
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Related publications
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.