Technical analysis for Copper, the price broke down on the weekly chart, starting a bearish run. The first target for this bearish run is the 0.618 FIB retracement on the…
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Copper
Copper Technical Analysis, resumed the bullish wave on the weekly chart
Technical analysis for Copper, the price broke above the 2021 high at 4.88$ on both the weekly and the daily charts, resuming the bullish wave on the weekly chart. The…
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Copper Technical Analysis, broke above the previous daily high, a signal for further upside potential
Copper technical analysis, the price broke above the previous daily high at 4.40 and above descending phase line on the daily chart, a signal for further upside potential. The first…
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Copper Technical analysis, a breakout below descending triangle on the daily chart
Technical analysis for Copper, the price breakout below descending triangle on the daily chart, an early signal for further downside potential.The first target of this breakdown is the 0.618 FIB…
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Copper Technical analysis, consolidation for five weeks, and formed descending triangle on the daily chart
Technical analysis for Copper is showing, that after five weeks of consolidation the price formed descending triangle on the daily chart and the 4H chart. If the price breaks above…
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Copper – formed tweezer tops on the weekly chart signaling a potential pullback
The price formed tweezer tops on the weekly chart, signaling a potential pullback. This pullback is shaping as an ABC pullback on the daily chart. If the price breaks below…
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Copper – technical analysis for 2021
After the initial plunge during the COV19 pandemic, the price bounced from the support zone around the 2016 lows, around the 2.00. That bounce led to break above 2.88 and…
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