H&S pattern on Copper. It is time to short??
We saw a huge rejection at 4$ in case of copper.
The chinese market is still weak, so in correlation with that i think copper will move to 3.5$ area.
If the neckline is broken, i expect a big downside.
The chinese market is still weak, so in correlation with that i think copper will move to 3.5$ area.
If the neckline is broken, i expect a big downside.
Note
The price broke the neckline, but got above fast, so this confirms a bullish reaction.
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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.