Preferred view suggests metal has thrusted lower from the triangle and is currently in wave ( b ) of triangle thrust. After wave ( b ) completes, expect more downside toward 3.19 – 3.2228 area to complete wave B before it turns higher in wave C. The hourly cycles are positive so we don’t like selling the metal in the proposed push lower.
$HG_F (Copper) Triangle thrust in progress
Commodities
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