Sunday, 20 February 2011

copper

3 comments:

  1. hi there,

    I wish you ask you about the chart for COPPER. you have mentioned 180 days... and 25 % res & 66% res .... what do you actually say on this chart... ???

    i dont this gann..... i know only little bit of EW theory ... still working on ...

    you are specialized in chart pattern , EW , Gann...

    i love watch your blog for interesting analysis.

    regards,
    Alex

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  2. Thanks Alex for the kind comment.All I am trying to say is that there is price resistance(33 and 66% resistance are Gann resistance)and a time cycle (180 days,a Gann cycle)plus a bearish macd cross.All we need to confirm a reversal is pattern eg a lower high,a gap down,ma cross or whatever signal you care to use that fits your risk parameters.

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