AkshayChinchalkarbd

Copper reaching an equality target on the weekly

COMEX:HG1!   Copper Futures
Probable Elliott wave count on Copper counted as W-X-Y where X was a contracting triangle, and wave C of Y may be tracing an Expanding Diagonal. At 2.1475, wave W = Wave Y which is closely clustering with the 70.7% retracement level of 2.2135 of the entire rally post the 2009 bear market.
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.