Strike Analytics

Copper

10 Mar 202110:11 AM

Copper prices have completed a small a-b-c correction and the question is whether it is ready to rise again. The answer is, it depends. Sometimes prices may continue to consolidate before taking off allowing for momentum to cool off. But if we start making higher highs and higher lows then we can say that wave III of 3 of 3 has started. We simply need to wait this out and see what happens next.

Copper prices have completed a small a-b-c correction and the question is whether it is ready to rise again. But if we start making higher highs and higher lows then we can say that wave III of 3 of 3 has started.

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