CFDs on CopperLong
Copper Long on H4
All indicators are bullish.
Price has closed above H4 fractal and above long term structural support and resistance at 3.389
This price area is also the 1.272 extension of the AB leg.
Next target is the 1.618 extension at 3.429 which is a confluence of Monthly R3 Pivot resistance, weekly R2 Pivot resistance.
C has not retraced to .618 of the AB leg, which could nullify this view
Price has closed above H4 fractal and above long term structural support and resistance at 3.389
This price area is also the 1.272 extension of the AB leg.
Next target is the 1.618 extension at 3.429 which is a confluence of Monthly R3 Pivot resistance, weekly R2 Pivot resistance.
C has not retraced to .618 of the AB leg, which could nullify this view
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