Fundamental Analysis:
china is the biggest copper consumer and as of now we can see the most of its manufacturing plants and factories are getting shut due to Protests and ongoing havoc in the country.
DXY is very bullish which can go up to 130 and ultimately will result in the more price fall in the commodity sections.
World economic Crisis and Supply chain...
The higher time frame trends on copper are presenting mixed messages. There are lots of interesting opportunities if one can exploit lower time frame trends cautiously.
Hi guys, thank you for the support! I will have this analysis out each weekend as well as daily updates throughout the week, if you guys like what I'm doing hit the "follow" button and you will get a notification each time I post a video or chart!
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Hi guys, thank you for the support! I will have this analysis out each weekend as well as daily updates throughout the week, if you guys like what I'm doing hit the "follow" button and you will get a notification each time I post a video or chart!
Have a great day everyone!
Copper has taken off from a nice bullish pin bar that had formed off of a key support trend line. This was a near text-book pin bar setups and the types of setups price actions traders should always be watching for. Price blasted off higher from the pin bar and is finally having a little bit of pause from a key resistance zone. When I will be watching for is...
