Copper downside reversal beginning

Copper is reversing from the falling trendline

 

Copper is breaking below 3.5000 again. This could mark the beginning of a downside reversal from the falling trendline 3.7500. The downside continuation is about to accelerate with the break below 3.400 to target 3 and below. This price action is pointing to a fifth wave extension to target 2.800

Note: look for the long trade entries with the stop loss above 3.500

 

Copper downside extension

 

 

 

 

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