Thursday 11 May 2017

Inverse H & S on Copper hourly and 30 min chart

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.