Copper : Sell Setup Towards 2.4$

ที่อัปเดต:
EW suggest grinding towards $2.3- $2.4 of 50%-78.6% of fib level for C.
Weekly and Monthly RSI shows weakness. Confirms the larger downtrend.

Find Sell setups on lower TFs.

Good luck
Robus
บันทึกช่วยจำ
Be careful here. Daily is exhausted on selling could give surprise spike upside.
บันทึกช่วยจำ
Be Careful , This short has some emerging short term bullish pattern. Daily RSI indicates almost oversold levels and possible bat pattern, I am not sure about these harmonic patterns but too late to open short positions on long term basis. Good luck
สแนปชอต
บันทึกช่วยจำ
I found very interesting post on copper. Do refer
May be the wave b) ended @ 2.629 and expecting bounce to 3.000..
บันทึกช่วยจำ
So it made corrective move towards 2.85 and slumped down, confirming the continuation of previous downward trend. expect more alternative fall.
บันทึกช่วยจำ
Brilliant continuation of downtrend. For now we can see some consolidation with range trades and will attracted downwards for target of $2.2.
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WHOA !! like this was butter below 78%
CopperCopper Futures HG1!shortsetupTrend AnalysisWave Analysis

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