Break out or fail im not sure, I'll be watching next weeks price action. I feel the low in the cycle is in with the strong move off the base trend but there is still room and reason to think that the move can continue to consolidate and even correct further... A clear break here and ill look on lower time frames for entry..
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high time frame failed to break out. short trade set up here
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corrective price action may over , Today candle looks bullish and aggressive breaking out at the long term down channel..
Buy set ups on low time frames once daily confirms at close that break out was successful
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It looks to be successful break out now. Im holding position for the long term and hope it wiggles its way up...
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strong week for copper.
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wave 3 of "'a"' in potential zig zag correction underway.. may look to play the short side on low time frames.
Comment:
wave 3 of "'a"' in potential zig zag correction underway.. may look to play the short side on low time frames.