$HG_F (Copper) Triangle thrust looks completed

Preferred view suggests metal has thrust lower from the triangle and wave B appears to have completed with a test of 3.223. Metal is now expected to turn higher. In case of further weakness, 1.236 ext of wave (( a )) at 3.199 could be tested before wave C higher starts. Hourly cycles are positive but there is no green box on the chart so traders wishing to go long must wait for a 5 wave move up to confirm that wave B has indeed ended and then trade against the low.


Subscribe to our Commodities Blog

First Name: *
Last Name: *
Your Email Address: *