JICPT| Copper likely to rebound from 11% drop(Range measure)

2021년 11월 4일

Hello everyone. Copper got my attention of looking for potential long opportunity after dropping by 11% . The reason is as below:

1. Economic recovery(Macro)

2. Price fell from top of range numbered 4 to retest bottom of range numbered 2.

3. solid demand zone with flip structure.

The issue is the red downtrend line. If copper can take that line out, it's likely to challenge previous high.

What do you think? Give a like if you're with me.

2021년 11월 11일

노트

Yep. Price refused to go lower with trouble level to be conquered.

2021년 11월 15일

노트

Struggling in the trouble zone.

2021년 11월 24일

노트

Testing the trouble level again.