Strike Analytics

Copper

13 Aug 202007:24 AM

I am reseting my Copper channel to the new low made recently as the earlier channel broke. The declne being deeper can be taken as wave 4 complete, but maybe even if I stick to wave iv I do get v=i pointint to another wave up to 3.13. This would be close to the top end of the channel at 3.16. If the move is wave 5 of larger degree then 5=1 goes to 3.32. Both the alternate possibilities are bullish and presume we made a bottom at 2.782

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