Structure indicates we have possible two pattern in play - bat or cypher.
My current view is that we will have another move down before huge bull market in commodities.
If price manage to breaks current point C bat pattern wil be invalidated and price should spill to A point level and than if breaks to 715 level. Watch price action on those critical levels for any clues.
Comment
⋅
Comment
⋅
Structure indicates we will have an upmove first to complete bearish bat pattern.