The copper price has reached the lower edge of the pink trend channel within the turquoise target zone between $3.59 and $3.51 and has already shown a reaction to this line. Now, a far-reaching rise should occur, beyond the resistance at $4.19. There, the magenta wave (B) should then be finished and it should transition into sustained descents to the green target zone between $3.08 and $2.59.
