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| Below is a weekly chart for copper and it looks as if it could get a relief rally at least back towards the 2.75 level for a wave 4. Price targets on the downside are tight at around 196 197-198. if this is correct the wave 4 move higher could be some kind of triangle or complex move with overlapping waves that move towards that 2.75 area and should be starting soon. I'll be watching the daily chart for hints of a bottom around the support numbers I gave.( I will start a small position around the 197.50 level if we hit. as this is one of my fav patterns to trade and it will count complete if prices sink to this level.
any questions be happy to answer them [email protected] or ask on the forum.
thanks for letting me share
Edited by Mr Enigma 11/19/2015 15:18
 (copper thread.png)
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 copper thread.png (76KB - 59 downloads)
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Copper Thread.... time for a bounce ?
