Base Metals: Long term sell opportunity.
The Base Metals market is reproducing a pattern that led to its 11.00 Multi Year Monthly Support in 2016. The formation starts with an aggressive channeled rise from the Support, continues with a Head and Shoulders and ends with a structured decline towards the 11.00 Support again.
We appear to be forming the right shoulder of the new H&S pattern so what should follow is a structed decline to 11.00. We are on a long term short on this market.
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We appear to be forming the right shoulder of the new H&S pattern so what should follow is a structed decline to 11.00. We are on a long term short on this market.
** If you like our free content follow our profile (www.tradingview.com/u/InvestingScope) to get more daily ideas. **
Comments and likes are greatly appreciated.
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Over 65% accuracy on Private Signals Channel.
Over 15% return monthly on our Account Management Plan.
Account RECOVERY services.
Free Channel: t.me/investingscopeofficial