$HG_F (Copper) 1 Hour Elliott Wave Analysis

Wave A is over and wave B pull back has started. Expect lower prices toward 3.21 – 3.23 to complete wave B before metal turns higher in wave C. Hourly cycles are positive so we don’t recommend selling into proposed swing lower.

As there is no red boxes on the chart, so we don’t like selling the metal into the proposed swing lower.

HG 6020131220090516

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