mcx copper hourly
There is inverse Head & Shoulder pattern on mcx copper hourly chart. This is bullish pattern and sign of bullishness in the price. It accures on the bottom of the downtrend. Neckline is placed at 362, by after breakout, tgt is 369. currently price is trying to break neckline. Thank you, Jay Shriram.
Final update
Finally it happened, took 8 days, some horror downmoves, not in good way at all. But finally gave profits. so good bye, thank you, Jay Shriram. post is closed.
The copper showed a very strong bearish trend and also broke its main support height of the 435 and this bearish trend can find the next instant support in the 430 in future trading session and the upwards side it has resistance at the 440.
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