Waiting for rejection off the liquidity zone.
Selling only after the break below the HMA and the retest of the liquidity zone.
The break below the HMA has already happened. In the area of the retest of the liquidity zone at the moment.
Looking to sell from that zone.
Trading this off a higher timeframe as this is a 3 week swing at the least
**This is just my...
Comex Copper - Weekly
Bottom Line : Adjusted wave count: Comex Copper may complete a flat correction by rising to a new high.
Comex Copper may be rising in wave (C) of a flat correction developing as wave X (circled) of an ongoing bear market from 2011.
SNIPER STRATEGY
This magical strategy works like a clock on almost any charts
Although I have to say it can’t predict pullbacks, so I do not suggest this strategy for leverage trading.
It will not give you the whole wave like any other strategy out there but it will give you huge part of the wave.
The best timeframe for this strategy is Daily, Weekly and Monthly...
key level breakout on copper
now we see the retest of the broken level on 4H and clear rejection on 382 fib. retracement!
I believe that the current low will be retested soon - 2.458
and then we may see a bearish continuation to the downside - 2.41
good luck!
