COPPER at a Bottom? Same for $CAD and Oil?

FX:COPPER   Copper
Copper             is in a very obvious wedge and a break would indicate a significant move into the 2.90 area. Copper             has a strong correlation with $cad and $usoil as well so if we break the wedge we will be able to find long and medium term opportunities. I used the ghost bars just for fun and to possible show the projectory of copper             .
Comment: I didn't write much previously, but have done extensive research on this trade recently that I would like to point out. Things to consider for going long:

1. Coppers price is tied to Chinas GDP, which is projected to increase steadily for 2016.
2. Volume has picked up strongly recently more than the last few years atleast
3. Based on the COT report commercial traders are net long
4. We're in a wedge pattern, with confirmed volume and divergence.
5. Copper also touched a 20+ year trendline around 1.98.
6. Completed a huge weekly cypher pattern at the .786 fib level at 1.98.
7. FInally, a trade like this could very well yield a 20:1 risk/reward over the long term.
Trade active: We should see a retest here around 2.07 testing the broken wedge trendline. A stop of 2.028 would be sufficient. Then onto 2.90 we go.
Comment: So didn't go as exactly planned, but still looking good across all correlated markets. We've now put in a head and shoulders, rebroke out of the wedge again, and broke out of the flag pattern. Should see an impulse move into the 2.20's to start off.
Comment: This is also a very good spot to establish a long again the 2.00 area of the inverse head and shoulder.

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