Kontrak Berjangka TembagaPenjualan
HG needs a significant correction before next leg up.
Risk/reward in short and medium term is not playing in your favour.
Copper has been extremely overextended in last 12 months. Current up wave was huge but I think we need to see a correction.
Looking at a weekly bars and although new commodity/metals super-cycle has theoretically just begun but we should see a significant declines and profit taking before next leg up.
If inflation fears will materialize, copper, just like most of the metals should see much higher prices in a long term. But for now if you want to build your position for next 5-10y, wait for correction. My take on copper based on HG futures chart.
Copper has been extremely overextended in last 12 months. Current up wave was huge but I think we need to see a correction.
Looking at a weekly bars and although new commodity/metals super-cycle has theoretically just begun but we should see a significant declines and profit taking before next leg up.
If inflation fears will materialize, copper, just like most of the metals should see much higher prices in a long term. But for now if you want to build your position for next 5-10y, wait for correction. My take on copper based on HG futures chart.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.