NileshThete

Copper - Bottom formation going on..

Long
COMEX:HG1!   Copper Futures
1
Copper after impulsive upmove till 4.64 in Feb 2011 seems correcting for alomost 5 years...Now the recent low of 1.935 seems a significant bottom...Go long with a SL below 1.85 for tgt of 2.56 and 2.76...
To review again if violates recent low..
Comment:
Looks like Copper is not following according to the count.....Better to exit at this time will review....again...
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