MTstiles
Long

Copper's Inverse Head and Shoulders Setup

COMEX:HG1!   COPPER FUTURES
559 0 0
I have to admit that I'm surprised by this bullish setup in copper             , but it is what it is. The price target, if the H&S is confirmed, is the result of a completed AB=CD pattern and a 0.786 retracement of the March to June downtrend. Does this portend a rebound in China or is it due to home builder strength in the USA? Perhaps both? We shall see.
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out