HTF conext is clearly bullish into early 2027. There is a major low coming in around mid April, with the highest probability demand zone being around $5.3-$5.5, just above the weekly low that was put in the prior phase in December. In the lower TFs, there is a range formed with 2 taps so far and a potential distribution in play. There are 2 POIs, one for M1 distribution and another for M2 distribution. I'm watching closely for a quality BOS if we get the move up to these POIs. If the distribution plays out in March, we can flip the shorts into longs and spot positions mid-April, in confluence with Hurst time cycles.
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COPPER
HTF conext is clearly bullish into early 2027.
There is a major low coming in around mid April, with the highest probability demand zone being around $5.3-$5.5, just above the weekly low that was put in the prior phase in December.
In the lower TFs, there is a range formed with 2 taps so far and a potential distribution in play.
There are 2 POIs, one for M1 distribution and another for M2 distribution.
I'm watching closely for a quality BOS if we get the move up to these POIs.
If the distribution plays out in March, we can flip the shorts into longs and spot positions mid-April, in confluence with Hurst time cycles.