Copper looks set to breakout, looking at the yearly chart we have formed a massive ascending triangle, we have had two major tests to breakout with higher lows, my fellow traders we are about to touch for the third time.
The rule of thumb is that the third time touch is almost certain to break. The measurement rule will take us to 5.00 lb.
DEALROOM
New Feature Announcement!
We’re excited to introduce the DealRoom portal, now live on site, providing users with exciting access to private equity opportunities for both pre-IPO and publicly listed companies.
See full details by selecting the new menu item named 'DealRoom' on our main menu bar or click below.
Stay ahead of the market, with HotCopper.