All categories

Mentorship

Mentorship

Copper

4 Mar 2021 ‚óŹ 02:41 PM

The sharp intraday move in copper requires a slight change in the wave structure. The fall as ABC and a zigzag typically seen in 2nd waves. The wave II of 3 is completing and III of 3 up should start. While wave 3 and 1 would have achieved equality near $ 4.6, it looks more likely that wave 3 is going to be extended where III of 3 will achieve equality to its 1st wave at $ 4.9. The exponential moving copper may be surprising but this is the factor that is developing and a very strong trend nothing like what we've seen in a long time. Inside wave II c=a is at 3.91 and we need to watch that that low does not break meaningfully for this pattern to remain intact.

The exponential moving copper may be surprising but this is the factor that is developing and a very strong trend nothing like what we've seen in a long time.

comments (0)

all category:

Latest Articles