Ranges and squiggly lines on COPPER
Copper is currently sitting on a multi year range low.
Multiple scenarios I thought of:
1) Sweep the previous lows, get back to the range
2) Break down the multi year range, grab liquidity from previous demand and pump back to the range.
If these range breakdowns and yellow multi year range reclaims happen, it will once again act as a swing failure that will help copper's pump back to yellow range EQ, range highs or even beyond.
I will post a Adam & Eve type meme pattern idea later
Multiple scenarios I thought of:
1) Sweep the previous lows, get back to the range
2) Break down the multi year range, grab liquidity from previous demand and pump back to the range.
If these range breakdowns and yellow multi year range reclaims happen, it will once again act as a swing failure that will help copper's pump back to yellow range EQ, range highs or even beyond.
I will post a Adam & Eve type meme pattern idea later