Copper Futures

Copper Future elliott and neo wave

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Hi all this analysis is based on Elliott wave and NeoWave concept.

we are elongated flat correction at 1 month time frame, or we are in 4 th wave which is corrective wave once 4th wave is complete, we can see 5thwave which is fib extension of 3 start and to 3rd wave end and project till 4th wave end. so, we will get 0.618% that will be the 5th wave target.

as of now we are in corrective phase of 4th wave or else X wave. once correction pattern is over, we will see another leg moving in upward direction as ABC or 12345.


Trade setup for long term.

Buy above-760
Stop loss would be 2ATR

target:-887
Target 2-1038

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