Pair : Copper - CU Description : Completed " 12345 " Impulsive Waves and " ABC " Correction in Short Time Frame. Making Impulse in Short Time Frame and " C " Correction in Long Time Frame. We have Falling Wedge as an Corrective Pattern in Short Time Frame. Entry Precautions : Wait for the Breakout or Rejection of UTL
Pair : CU - Copper Description : Breakout and Retest of the Corrective Pattern " Bullish Channel " in Short Time Frame and Completed Impulsive Waves " 12345 " and " ABC " Corrective Waves at Daily Descending Trend Line / Resistance Level Entry Precaution : Wait for Rejection and Retracement
Pair : Copper - CU Description : Completed " 1234 " Impulsive Wave at Lower Trend Line of the Corrective Pattern Bullish Channel in Short Time Frame and it will Complete its " 5th " Corrective Wave at Demand Zone or Daily Descending Trend Line at Fibonacci Level - 61.80% Entry Precaution : Wait until it complete its " 5th " Corrective Wave and Reject
Pair : Copper - CU Description : Completed " 123 " Impulsive Waves and it will make its " 4th " Wave at Fibonacci Level - 38.20% / 50.00%. Rising Wedge as an Corrective Pattern in Short Time Frame and Formed " wxyx " Corrective Wave and will make its " z " wave at Daily Descending Trend Line Entry Precautions : Wait until it Breaks UTL / LTL and Retest
Pair : Copper - CU Description : Falling Wedge as an Corrective Pattern in Long Time Frame and Breakout the Upper Trend Line and making its Retracement in a Corrective Pattern " Bearish Channel " in Short Time Frame. Completed Impulse and Correction " ABC " Entry Precautions : Wait until it Breaks and Retest UTL
Pair : Copper CU Description : Falling Wedge as an Corrective Pattern in Long Time Frame and Rejection from the Lower Trend Line to Complete its Corrective Waves " ABC " after Impulsive Waves. Bullish Channel in Short Time Frame and Rejection from Lower Trend Line after " B " Wave Precautions : Wait until it Breaks Bullish Channel or Rejects from Upper Trend Line
Pair : CU Copper Description : Symmetrical Triangle as an Corrective Pattern in Short Time Frame and Breakout the Lower Trendline and Completed the Retracement after Impulsive Waves and Correction " wxyxz " , If it Breaks the Lower Trendline of the Correction " Bearish Channel " then sell
Pair : CU - Copper Description : Impulse Correction Completed and it will again make its Impulse in a Corrective Pattern Bearish Channel in Short Time Frame. We have Break of Structure if it breaks the Upper Trend Line then Buy and If it Rejects from the Demand Zone then Sell
Pair : CU - Copper Description : It has Completed its " 12 " Impulsive Wave at Fibonacci Level - 50.00 or Demand Zone. Bearish Channel in Short Time Frame and Impulse Correction in Long Time Frame completed its Impulse and Correction at Fibonacci Level - 61.80% it will again make Impulsive move
Pair : COPPER Description : Impulse Correction Impulse Break of Structure Bullish Channel in STF as an Corrective Pattern RSI - Divergence Fibonacci Level - 50.00%/ 61.80%
Pair : Copper CU Description : Bullish Channel in STF and LTF as an Corrective Pattern Resistance Level Fibonacci Level - 50.00% / 61.80% Completed " 12345 " Impulsive Wave and " AB " Corrective Wave Break of Structure
Copper MCX Future Cmp - 753 5th Elliot wave is in progress
COMEX:HG1! One word - CLEAN! What a beautiful chart for copper! Technically it's ever so clean, when it comes to set ups like this - Be careful of fake breaks. Pattern - Triangle/Pennant Highs: 4.2100 Lows: 3.8255 A break of highs I expect: 4.3550 & 4.5570. However, a break of the lows I expect: 3.6740 & 3.5040 and perhaps lower! Currently, as long as we...
XCUUSD - Intraday - We look to Buy at 4.074 (stop at 4.034) The 50% Fibonacci retracement is located at 4.087 from 4.237 to 3.937. Prices have reacted from 3.936. Daily signals are mildly bullish. Short term momentum is bullish. A lower correction is expected. Our profit targets will be 4.174 and 4.194 Resistance: 4.130 / 4.150 / 4.175 Support: 4.100 /...
XCUUSD - Intraday - We look to Sell a break of 4.128 (stop at 4.168) Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. A higher correction is expected. A break of the recent low at 4.130 should result in a further move lower. 50 2hour EMA is at 4.129. Bearish divergence is expected to cap gains. Our...
After a 37% decline from its peak of $5.03 per pound in early-March 2022, copper has risen 14% since July's lows. However, the metal has recently been unable to overcome key resistance levels represented by the 50-day moving average and the descending channel trendline, as fresh worries about global growth slowdown and monetary policy tightening reemerged this...
In this update we review the recent price action in the Copper futures contract and identify the next high probability trading patterns and price objectives to target
Trade Idea: Selling Copper on 50% pullback Reasoning: Rallied into resistance level, looking to continue move lower Entry Level : 4.2170 Take Profit Level: 4.0370 Stop Loss: 4.2440 Risk/Reward: 6.67:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of...