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

4 нояб. 2021 г.

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.

11 нояб. 2021 г.

Заметка

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

15 нояб. 2021 г.

Заметка

Struggling in the trouble zone.

24 нояб. 2021 г.

Заметка

Testing the trouble level again.