complete loss of demand after upthrust, this was essentially a redistribution and currently in markdown
will retest broken down levels before resuming downtrend..
also watchout for a upthrust to 2.6070 test and then accelerate breakdown..
will retest broken down levels before resuming downtrend..
also watchout for a upthrust to 2.6070 test and then accelerate breakdown..
Comment:
more trade possible
Comment:
"also watchout for a upthrust to 2.6070 test and then accelerate breakdown.."
played out well so far
played out well so far
Trade closed: target reached:
completed swing long
Comment:
very interesting development in copper technically....
it failed to continue the downtrend as of now, didnt form the 3rd lower box of the trend but shifted a box higher... if the price action , takes support from the present box, a good long trade can be planned tomorrow or day after
it failed to continue the downtrend as of now, didnt form the 3rd lower box of the trend but shifted a box higher... if the price action , takes support from the present box, a good long trade can be planned tomorrow or day after