Copper has been on a rally, but shows divergence on W1 chart
Needs a strong shakeout before longer rally.
-Still bullish long-term
Needs a strong shakeout before longer rally.
-Still bullish long-term
Note
fib targets on M1 chart. rising wedge with divergence confirmation on W1 chart (above)
Trade closed: target reached
=) -could go down further from here, closed due to TP target hit @ 0.618 fib
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.