COPPER 10-year Channel flashing major Sell Signal.Copper FuturesCOMEX_DL:HG1!TradingShotCopper (HG1!) has been trading within a 10-year Channel Up since the January 2016 market bottom and is currently on the latest and strongest Bullish Leg of this pattern. This has already entered the 0 - 0.236 Fibonacci range, which has been the Zone that formed both previous Higher Highs (Tops). Those Tops formed after +71.09% and +102.14% Bullish Legs and initiated Bearish Leg corrections. If the current Bullish Leg is also +31% stronger than the previous one, then we can see Copper rise up to +133% in total before it tops. Regardless of that, every correction since 2018 (with the exception of the early 2020 COVID flash crash, which was a non-technical black swan event), hit the 1M MA50 (blue trend-line), before bottoming marginally below it (blue circles). As a result, our Target is the 1M MA50 and we expect the price to hit it around $5.250 before bottoming. On a 12-month horizon, that would also fall at the top of the 0.786 - 1.0 Fibonacci range of the Channel Up, which has historically been its most efficient Buy Zone. --- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** --- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇