Sunday 12 April 2015

Copper Positional Analysis 12-Apr-2015

This is initial view of Positional Analysis of Copper. I am still doing my analysis. Will update once I confirm my view.

THIS IS NOT TRADE IDEA, THIS IS JUST A INITIAL VIEW, NEED TO BE CONFIRMED.


COMEX Copper


LME Copper


MCX Copper


In the above charts, I am able to see 3-3-3-3-3 waves on the last down move. So, As per my view, I expect to see Upside Correction or Impulse Move.

Will update my views as the market moves on.

THIS IS NOT TRADE IDEA, THIS IS JUST A INITIAL VIEW, NEED TO BE CONFIRMED.

Thanks.