Copper

The bearish outlook :

After retracing a Fibonacci 0.5 of the wave (i), in three waves up as wave (ii), Copper may have begun its way down – now in impulsive wave (iii) of c (circled).

Note : I have adjusted wave counting of internal waves on the wave c (circled).

Copper - Daily

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s