Copper Futures
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Copper

The pullback in copper ended up being a three wave rise wherein it retraced slightly more than 61.8% retracement in international copper chart of wave Y.
This opens up the possibility of one more leg to the down move in the form of wave Z.

Overall look
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Retracement levels in copper international chart
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MCX chart retracement
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Weekly macd bearish
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Daily macd below zero line and down tick
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Rsi in Weekly down tick
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Rsi in daily down tick
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Dmi adx also Negative
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Below middle bollinger band
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Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Consult with your Financial advisor before trading or investing

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