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COPPER (HG) — REVERSAL SCENARIO

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Copper continues its bullish expansion toward the key Fibonacci POI between 1.414 and 1.618.

I expect price to first reach the 6.69–6.74 area, where I will be looking for confirmation of a bearish reaction and a potential reversal.

🎯 Targets after confirmation:

• Take 75% of the position near 6.45
• Close the remaining position near 6.34

I am not looking to enter short prematurely — the reaction inside the upper POI is essential. A confident consolidation above 1.618 would invalidate this bearish scenario.

Pernyataan Penyangkalan

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