WaveAnalysis

COPPER Long Trade Setup

Long
WaveAnalysis Updated   
OANDA:XCUUSD   CFDs on Copper (US$ / lb)
Hello traders.

I'm looking for the long trade opportunities on Copper. In my opinion, up move will create a running or an expanding flat as B wave in 4th. That's why I'm looking for upside. Target is not clear. it can be one of 0.786 or 0.886 retracement levels of whole down move.

Here is my daily forecast. I'm expecting a correction as the 4th wave.

If you think this is a valid forecast and good trade setup, please hit the like button and share.
I appreciate that if you leave a comment and let me know what do you think about this idea.

Trade with care...
Order cancelled:
I took off my entry order because it made a lower low.

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.