December 5, 2012

COPPER Triangle pattern

  • Copper weekly chart shows price moving towards the resistance line of the triangle pattern.
  • Daily chart shows price testing the daily cloud and resistance line. For bulls Price should breakout above the resistance line and cloud for a move towards the weekly resistance line.
  • Price is expected to stay inside this weekly price contraction for one or two months before it breaks out of this big triangle pattern.
  • SILVER TRIANGLE PATTERN
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