Copper $CUUUSD Inverted Head and Shoulders - LONG
Updated
Inverted head and shoulders action for copper to signal the end of a minor pullback and continuation of uptrend.
Positive angles and tilts in price action suggest uptrend is intact.
COPPER CUUUSD
Positive angles and tilts in price action suggest uptrend is intact.
COPPER CUUUSDNote
bullish bounces @ 50 RSI to reinforce positive price actionNote
formation of right side with positive tilt on the dipNote
BTFDNote
drop on right shoulder appears to have a negative tilt, (high) peak in reversal wave is critical for confirmation of continuation trendNote
blocked by metals tariff issues in politics. ouchtheguardian.com/us-news/2018/mar/08/donald-trump-metal-tariffs-trade-war
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