As you can see Copper has been range bound for its history
We have contact of lower trend line. As you can see the two other time lower trendline has been contacted it began the sharp parabolic increases
First strong increase took 120 weeks
second increase took 160 weeks
Arrow shown is 160 weeks for approximate timing of the move
There was a storng bounce from the lower trend line and now we have a consolidation
When the consolidation breaks I suggest buy..
We have contact of lower trend line. As you can see the two other time lower trendline has been contacted it began the sharp parabolic increases
First strong increase took 120 weeks
second increase took 160 weeks
Arrow shown is 160 weeks for approximate timing of the move
There was a storng bounce from the lower trend line and now we have a consolidation
When the consolidation breaks I suggest buy..
Note
Note
Confirmed breakout
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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.
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.