Note: TradingView chart B-ADJ adjusted for contract changes
Copper Futures attempting to build bullish momentum off evolving China economic stimulus narrative.
Comment:
Copper Futures rejected upper range of ascending parallel channel (green dashed).
Next logical target/TA validation = lower range of parallel &/or 50% Fib, TBC.
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Next logical target/TA validation = lower range of parallel &/or 50% Fib, TBC.