15 November 2012

Copper : Awaiting Triangle Break

  • One of the rare occasions when anticipating the completion of one leg of a triangle (at 386) would have turned out to be a happy story. But .. useless to rue the road not taken. We move on.
  • Weekly chart is really turning out to look like a triangle with downside support now at around 340. A downside break would signal start of an 86 cent move to 254. Must not miss this one. Die die must catch!
  • Wait for the break. Don't jump the gun.
  • [EW : Monthly looks like now in B triangle. There is an entire C to catch]
  • PS : What does this tell us about Risk On/Off?

No comments: