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Hg1 2022 08 29 11 16 00

 

Hg1 2022 09 13 10 25 01

Hg1 2022 09 20 10 26 23

Copper futures
The rise of the metal depends on the support point 3.3625. We expect the correction in wave 2 to end at 3.4315 and the beginning of the rise in wave 3.

13/09/2022

Copper is now trading in an ascending impulsive wave represented at the beginning of the wave ((3)) after the prices ended the wave ((2)) at 3.1315.which targets the peak of wave ((1)) as a first target at 4.8880. The critical limit that supports this rise is 3.1315.

Hg1 2022 09 13 10 34 30

 

wave ((2)) is an expanded flat, wave (A) (B) ended and now wave (C) is in progress.

03/09/2022

Copper is still expected to decline further to 61.8% retracement at 2.79 and 78% retracement at 2.39 to form the corrective wave ((2)). and the critical limit for it that cannot be penetrated is 1.9725

Hg1 2022 08 31 23 39 13

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Hg1 2022 08 16 04 10 27

Currently, copper in wave V, which wave ((1)) of it ended, and now wave ((2)) is in progress.

Hg1 2022 08 16 04 09 52

Wave IV is a running triangle, we expect a sharp move higher into wave V, critical support at 1.9725