copper scenarios

9 Tem 2023

Copper has hit an important weekly demand area and then an upward move that has not had strong momentum and has also been weak to the downside. Considering the high and low liquidity, if the high liquidity is established first, the first scenario is proposed, which is the possibility of a pullback in the four-hour supply area and then ascending to higher areas again. And if there is low liquidity in the beginning, we can act according to the second scenario and look for an upward scenario in the area of lower demand.