We saw a huge rejection at 4$ in case of copper.
The chinese market is still weak, so in correlation with that i think copper will move to 3.5$ area.
If the neckline is broken, i expect a big downside.
The chinese market is still weak, so in correlation with that i think copper will move to 3.5$ area.
If the neckline is broken, i expect a big downside.
הערה:
The price broke the neckline, but got above fast, so this confirms a bullish reaction.