Big Head and Shoulder pattern with long term reversal possiblity
Technically it looks like Copper is getting ready for long term upside by forming strong consolidations at monthly support. Looks like left shoulder and head is already formed where head is formed by a double bottom pattern which is also bullish.
Once pattern completes and price breaks above the pattern we can see a very strong and clean up trend.
Once pattern completes and price breaks above the pattern we can see a very strong and clean up trend.
Note
Working as expected. Recent move has been so strongTrade closed: stop reached
Failed
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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.