Video Nr. 2
I continue the analysis from Video Nr. 1 and show you, why the market is so extremely stretched, and why you need to be super cautious these days.
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I elaborated about this pattern here on TV already a couple times.
Because we have reached the Centerline and price formed this pattern, I'm confident that we could see a larger move down to the L-MLH.
Let's observe how this plays out to get a good understanding of the price movement within this context.
I really like this video function from TV and it's a great tool.
So far it works great :)
Here is my analysis of the Copper Market.
I see a potential long trade, but also a potential to fall down further to the lower Centerline.
If you don't know yet what a Centerline, a MLH, a U-MLH, a WL1 is, then grab your free ForkTrading BLUEPRINT on my website (see footer!).