Technician

Copper: One Pretty Bearish Scenario

Short
COMEX:HG1!   Copper Futures
6
Major long term bearish head and shoulders has a target around 1.5.
Note: what i dont like about this pattern, is that it doesn't follow well the relativity concept, i mean the pattern is more than 50 percent bigger than the prior trend, in terms of amplitude and time.

twitter.com/thefxchannel
thefxchannel.com
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.