Eliarich

Eliarich

Copper (chart attached) closed above 2.14 neckline level, down trend line already broken, 1st target is 2.24 resistance level. Inverted Head & Shoulder target at 2.30 approx. stop level at 2.06

Eliarich

Previous long closed market going down to 1.0980

Eliarich

Looks like it's breaking out of range!

Eliarich

Seems that pair has finished is (4) corrective wave and is ready to resume the down move till 107.20. Hurdles at 113.10 & 111.0

Eliarich

Looks like we have reached the end of Wave C

Eliarich

Looks like oil is going to rally to 36.17$/Barrel accomplishing the target of Wave (4) of the green degree. From there it will probably proceed down to make Wave (5) of the green degree at 25.78$/Barrel which equals 100% of Wave(1) green degree and 150% of Wave (1) higher blue degree, this movement could extend to around 23$ which coincides with 161.8% of Wave...