LTF reversal imo. If it holds the low then this would be a nice Long scalp as i can see far more downside end of this year for Copper purely based on TA.
Seeing Copper not doing so well as an 'inflation' hedge it would make me think we have been in a Recession this entire time, and by the time FED are done hiking rates, most would think Recession starts but it could be a Bear Trap... Careful out there!!
Seeing Copper not doing so well as an 'inflation' hedge it would make me think we have been in a Recession this entire time, and by the time FED are done hiking rates, most would think Recession starts but it could be a Bear Trap... Careful out there!!
Note
Note
H&S invalidated. eying up another reversal
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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.