Some craziness on the 4H time frame at the mo with it yoyoing 20.30-20.85. With us currently at 20.75 there is a chance for a short range trade here. We're also sat under a broken bull trend line. (Sadly I can't access 4H on this site to post it)
With all my negativity on ASX and China I want to be short copper however there is a bullish story emerging. Precious metals breaking out. Copper finding long term bullish trend line (TL) support and recently breaking short term bear TL... and the emergence of a possible head and shoulders in the making.
With all my negativity on ASX and China I want to be short copper however there is a bullish story emerging. Precious metals breaking out. Copper finding long term bullish trend line (TL) support and recently breaking short term bear TL... and the emergence of a possible head and shoulders in the making.