Update on Copper Daily Chart
🔍 Updated Copper Analysis
A few days ago, we shared our view on buying Copper. Here's the latest update:
The correction seems to have completed in Wave Y red. Following that, we've observed a perfect 5-wave move to complete Red Wave 1, followed by a 3-wave correction. The next probable move is likely to be another 5-wave structure.
Even if Copper forms a 5-3-5 structure, we expect at least one more 5-wave move before any potential downward correction on a higher degree. This is why we recommend a buy in Copper at this stage. 📈🔗
Happy Trading
profitadda_iteind
Disclaimer: We are not SEBI registered advisors. This view is for educational purposes only. Please consult your financial advisor before taking any trades.
A few days ago, we shared our view on buying Copper. Here's the latest update:
The correction seems to have completed in Wave Y red. Following that, we've observed a perfect 5-wave move to complete Red Wave 1, followed by a 3-wave correction. The next probable move is likely to be another 5-wave structure.
Even if Copper forms a 5-3-5 structure, we expect at least one more 5-wave move before any potential downward correction on a higher degree. This is why we recommend a buy in Copper at this stage. 📈🔗
Happy Trading
profitadda_iteind
Disclaimer: We are not SEBI registered advisors. This view is for educational purposes only. Please consult your financial advisor before taking any trades.
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