Browse Stacks: Trading Instruments: Commodities: Copper-attempting-breakout-of-6-year-falling-channel-oct-16.jpg (1297×675)

Copper-attempting-breakout-of-6-year-falling-channel-oct-16.jpg (1...

Doc Copper has struggled over the past 6-years, as it has created a series of lower highs since 2011. Below looks at a chart of Doc Copper over the past decade.

Comments

Strawberry BlondeStrawberry Blonde
Slightly different viewpoint of Copper (Monthly chart)...price above falling channel, but approaching 50% Fib retracement level at 3.281...either way, we could see some whipsaw action on this before it, either continues its rally, or reverses... 
 
http://cdn2.socialtrade.com/comsys/imgs/2017-10- 16_1618_Copper_Monthly_egSnCm_m.png
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10/16/17