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WaveTalks
Aug 15, 2016 7:54 PM

Copper QC Contract- H&S Pattern  Long

E-mini Copper FuturesCOMEX

Description

Since 15th Jan 2016-- Copper QC moved impulsively & made a top@2.3200..Since then it retraced & has been moving sideways- almost completing an H& S pattern.

so once we move above 2.2400 -it the first clue & above 2.2900.. Copper QC contract shall move strongly upside in the zone 2.5500 to 2.5700 which is the target zone of Head & Shoulder Pattern.

Regards,
Abhishek H.Singh, CMT
Comments
WaveTalks
Its an "kilroy" pattern- name given in Edwards & Magee Book- or Inverted Head & Shoulder. Regards
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