Futures Rame
Long
Aggiornato

TONCHINOMICS: HG1 COPPER FUTURES MAJOR TREND UP with breakout

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HG1 COPPER FUTURES MAJOR TREND UP with a 6.4 year downtrend line breakout potential
which has a measured move target potential of around $5.
An ascending triangle breakout also a possibility.
Nota
MAJOR TREND STILL UP but ascending triangle broke down. It was actually a channel break down. I was wrong regarding chart pattern.
Trade chiuso manualmente
NEW MAJOR TREND DOWN, is it just a consolidation phase or a major downside...this barometer of the markets hopefully is not a bad omen.
Nota
COPPER REMAINS ON A MAJOR TREND DOWN

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