Positional View of Copper
If copper supported by 394,404, I expect copper up move targetting 422.75, 432, 441, 466, 512 positionally.
If 422.1/422.75 restricts, we may see small down trend which targets 416, 412, 409.
As per my previous view gave retracment call, copper achieved my 1st tgt of 418. Gave Sell at 420.4 with SL for tgts 418, 417, 416-415.
Let us wait n watch tomorrow, how the market moves tomorrow.
But now, my positional view of copper is bullish.
If copper supported by 394,404, I expect copper up move targetting 422.75, 432, 441, 466, 512 positionally.
If 422.1/422.75 restricts, we may see small down trend which targets 416, 412, 409.
As per my previous view gave retracment call, copper achieved my 1st tgt of 418. Gave Sell at 420.4 with SL for tgts 418, 417, 416-415.
Let us wait n watch tomorrow, how the market moves tomorrow.
But now, my positional view of copper is bullish.
