As the weekly chart indicates, we foresee a pronounced sell-off as part of the green wave [X], but not before finishing its current run to conclude the magenta wave (Y) and therefore the overreaching green wave [Y] around the $7.00 mark.
The then following and before mentioned wave [X] should bring copper down into our green long target zone between $4.56 and $4.06.
The then following and before mentioned wave [X] should bring copper down into our green long target zone between $4.56 and $4.06.
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📊 Daily market insights combining macro + Elliott Wave analysis
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter at hkcmglobal.com
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter at hkcmglobal.com
Publicações relacionadas
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.