Copper *PIC*
Posted by charleydan on 23:26 7/3/2009
Numbers correspond with chart.
1. Behind the blue line appears an impulsive wave pattern. I labeled it wave -A- or 1. I believe it is -A- but has not been confirmed.
2.Sometimes that 3 of 3 Pattern or -B- shows up most of the time with two points. Three points happen and very rarely four. Of course the correction that follows it.
3. a.I believe that this would be wave -B- in progress. Wave -B- unfold in an -abc- pattern.
b. Also it appears the corrective pattern has shown up again.
4. a. If this pattern is an -abc- and wave -c- equals wave -a-. Then projection lies here.
b. That would appear to be new highs for an inverted -B- wave.
Just remember this could turn into a complex wave pattern or more to the correction pattern.