Tradeitanyway
Private, 1st Class
- Messages
- 44
Copper monthly technical overview
with green energy demands for copper is very high, I have made a technical study for copper with price projections
summary, a break above 5.00 confirms wave v of 5 red unfolding with targets
7.00 1.272% fib
7.50 1.414% fib
8.15 1.618% fib
invalidation for this study is a break below 3.20 , in case we break lower, then another study should be done. "
keep an eye on gold , silver , platinum , palladium, rhodium, and all metals , also CRB Reuters commodity index and ETF for metals that I will update it soon.
with green energy demands for copper is very high, I have made a technical study for copper with price projections
summary, a break above 5.00 confirms wave v of 5 red unfolding with targets
7.00 1.272% fib
7.50 1.414% fib
8.15 1.618% fib
invalidation for this study is a break below 3.20 , in case we break lower, then another study should be done. "
keep an eye on gold , silver , platinum , palladium, rhodium, and all metals , also CRB Reuters commodity index and ETF for metals that I will update it soon.