🔍 Updated Copper Analysis
A few days ago, we shared our view on buying Copper. Here's the latest update:
The correction seems to have completed in Wave Y red. Following that, we've observed a perfect 5-wave move to complete Red Wave 1, followed by a 3-wave correction. The next probable move is likely to be another 5-wave structure.
Even if Copper forms a 5-3-5 structure, we expect at least one more 5-wave move before any potential downward correction on a higher degree. This is why we recommend a buy in Copper at this stage. 📈🔗
Happy Trading
profitadda_iteind
Disclaimer: We are not SEBI registered advisors. This view is for educational purposes only. Please consult your financial advisor before taking any trades.
A few days ago, we shared our view on buying Copper. Here's the latest update:
The correction seems to have completed in Wave Y red. Following that, we've observed a perfect 5-wave move to complete Red Wave 1, followed by a 3-wave correction. The next probable move is likely to be another 5-wave structure.
Even if Copper forms a 5-3-5 structure, we expect at least one more 5-wave move before any potential downward correction on a higher degree. This is why we recommend a buy in Copper at this stage. 📈🔗
Happy Trading
profitadda_iteind
Disclaimer: We are not SEBI registered advisors. This view is for educational purposes only. Please consult your financial advisor before taking any trades.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.