Copperfuture
copper future new high soonsupport at 4.68 - 4.53. it has already broke out above multi year breakout level at 4.65.
with weekly RSI at 62
target 5.13 - 5.45 in next 2 to 4 weeks possible
copper's correction is overthe last leg of correction should be over with its touch and go of 4.02 level.
now it has to move fast to close above 4.19 soon to show sign of strength. upward movement confirmation only above 4.36.
how many times we did see huge move in a script when such sharpening triangular move were there?
Hindcopper 214 falling wedge shall ensure a conservative target of 214 in short term. a close above 153 needed for the upmove. trigger is close above 161
