MCX Copper: The road ahead (Elliott Wave Analysis)

 MCX Copper continuous hourly chart anticipated


MCX Copper continuous hourly chart happened


In my previous article, I had mentioned for MCX Copper that the red metal will falter till 680-670 when it was quoting at 715-712 levels. The metal plunged till 685 thereby coming close to my mentioned  level - Anticipated Happened.

To see my previous article on MCX Copper click on the link and read how I anticipated the fall.

https://www.marketanalysiswithmeghmody.com/2021/09/mcx-copper-in-double-correction.html

Currently I believe that prices have completed wave a after wave a and it is now moving higher in form of wave b which can move near to the falling trend line resistance, a strong reversal from there can plunge prices below 685 levels.

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