Copper. Timeframe 1 month. A huge triangle has formed. Breakdown of the resistance of this formation. Notice how before the price rise they made a beautiful false breakdown. For strong growth, like the last time, it would be good if there was a rollback to the zone of the broken resistance of this formation. Complete development of the goal of the symmetrical...
Copper was doing good during last two years as it rallied from sub-2 to above-3 levels.
But the structure is corrective so the wave C finished the correction being equal to wave A by size.
Then we saw a breakdown below the white support this March.
After that there was a healthy pullback, which was rather menacing as it almost broke the earlier top but failed just...
