AMEX:COPX The Global X Copper Miners ETF (COPX) provides investors access to a broad range of copper mining companies. It seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive Global Copper Miners Total Return Index. www.globalxetfs.com
Copper is managed to bounce from 750 level and in last trading session give strong recover from bottom. On daily time frame made a bullish pin candle near resistance zone. Breaking above 760 will trigger strong buying and target will be 770 to 775.
Copper hrly long ⚠️ half risk due to lack of trend buystop @ 4.3217 TP #1 @ 4.3585 80.65% wr TP #2 @ 4.3976 54.84% wr SL @ swing low 4.2900 16.13% hr WR and HR determined from past trades. See more trades like this on my profile or Bifrosttrades.com
View On Copper XCU/USD (25 Nov 2021) Copper is good UP gradually and the main momentum is in the LONG side. As a trader we shall stick with the main trend, while we scout for the best possible entry, As long as the price of Copper doesn't go below $390 again, it is a better bet to be on the buy side. It shall retest $460 soon. $485 and $500 will be the...
CAPITALCOM:COPPER creates harmonic butterfly with level of 1.272 at price 4.502. The pattern will only activate when price cross over B point which comes at the price of 4.4270 and sustains above. TTM Squeeze : Positive VZO : positive
HG ( COPPER ) making a triangle on a Primary degree 4th. We are on a D wave of the triangle. Most probably we finish A wave of D wave as a preferred count (Projected by the black line) and we are coming down to making a B wave. On another side of the analysis as an alternative (projected by the red line)we are on an A wave and we are going upside a little bit and...
Price is approaching to weekly demand zone, so i expect bullish move..there will be a sell move first ...look for LTF BOS before taking trade
Please like and share if you appreciate this market update. We are algorithmic traders and certified Elliotticians. We publish Elliott Wave counts for indices, stocks, cryptos, commodities, VIX, DXY, in weekly, daily and 4-hour timeframes. We also answer all your questions regarding the Elliott Wave Principle! Cryptos are updated every day of the week and on...
price currently showing minor sign of strength after breaking a CREEK . price currently seem to have showed oversold at this current level. im expecting price might rebound from this level.
Copper futures broke out of their wedge this week, with per tonne prices breaking the $10,000 milestone. Names such as Freeport-McMoran (FCX) are benefitting from this, while TRQ is on discount due to. setback in their mining process. Despite Fed tapering, copper is strong, surprisingly. I believe that now is the time to get in "The New Oil", as stated by...
SNIPER STRATEGY This magical strategy works like a clock on almost any charts Although I have to say it can’t predict pullbacks, so I do not suggest this strategy for leverage trading. It will not give you the whole wave like any other strategy out there but it will give you huge part of the wave. The best timeframe for this strategy is Daily, Weekly and Monthly...
Hello all. I think that Copper has just entered a phase of distribution, and I will be longing it for the formation of an Upthrust that will bring the price beyond the Buying Climax. Like if you enjoy the idea, and consider following and supporting me. Peace. TrickleDown FX
Hello Welcome to this analysis about COPPER, we are looking at daily timeframe perspectives. COPPER is developing here that will be a decisive factor in the upcoming times. I discovered the main formation COPPER is developing here that will be a decisive factor in the upcoming times. As when looking at my chart now we can watch there how COPPER has emerged with...
Copper: Market Commentary 23.08.2021 A couple of points to note here; we ticked the 161.8% extension which was our third wave target in our previous copper chart at the beginning of 2021. It always comes down to the same situation; an impulsive complex which can be called sound, but which has one sickly component. As we head into Jackson, according to the...
Here we go, Copper broke out of the consolidation pattern. Now rising ! Jump in !
Are we on a long or short now? Copper has rising significantly following the COVID sell off last year and with stronger demand from the EV industry, this could go even higher. Technically the chart points to a breakout to the upside until it hits a double top. Let's see how this unfolds. For the moment, I am LONG !
Please like and share if you appreciate this market update. We are algorithmic traders and certified Elliotticians. We publish Elliott Wave counts for indices, stocks, cryptos, commodities, VIX, DXY, in weekly, daily and 4-hour timeframes. We also answer all our questions regarding the Elliott Wave Principle! Cryptos are updated every day of the week and on...
Coppers trading range is narrowing quite a bit. initially i got my timiing wrong on this (see other analysis), but now seems to be teh right time for a reversal breakout upwards. expect copper to head up to $4.40. will need to reassess there to decide which way next. overall long term expecting copper down.