As per my analysis Copper is on Buy Trend So buy at 503.90 Stop loss at 502.80 and expected targets 507 / 509.70 Gann And Fibonacci Always rocks Follow us and support us and help us to grow
📍 Changing Directions... Let us first look at the previous charts for the flows we were tracking in the typical Copper flows inside a crisis: a) Confirming the correction, which is set from an abc retrace b) Momentum is in play here In the lows at 2.1 - 2.3 the clear move was loading on the lows. This was followed by an immediate slingshot out as...
Comparison of TOTAL2 and Copper Similarities can be seen in the formation of a scallop This may lead to a bullish C wave breakout on copper I identify this structure as 'weak' due to its lacking of a strong double bottom and slight downward slope, however it is a good chart pattern for accumulation.
Set buy order at $2 and call it a day. Let's see how price holds their
Dates in the future with the greatest probability for a rice high or price low
Copper seemingly has broken its downtrend, with the presence of a strong linear regression uptrend on the daily chart (0.86) this upward movement will likely continue.
Just my opinion on what market might currently be doing. Enter and exit at your own risk. DISCLAIMER Please note that this chart is an opinion based chart only. Please trade at your own risk
Copper looks to be forming a head and shoulders pattern here which should break to the downside and as you know from my past publishes, targets are outlined in yellow. Might want to take a look at commodities, as formations there looking like a break back down, e. g. crude oil looking go likely revisit mid to lower $40s. HELPFUL VIDEOS TO TEACH YOU:...
After the wave X, which ran from January 2016 to December 2017, copper should now finish the correction phase with a wave (Z). However, this should accompany copper until the first quarter of 2019. As a result, copperproducers are more likely to let off steam on the bottom in the coming months when this scenario arrives.
Hello Traders, In this analysis, we will have a look at the metal Copper in the 1 hour chart. Short-term Elliott Wave view suggests that the pullback to 3.0101 on 5/30/2018 ended blue wave (2). The internals of blue wave (2) unfolded as an Elliott Wave double three structure where red wave W ended at 3.0195 and red wave X ended at 3.1485 high and the decline to...
I invest in Crypto currencies and I trade CFD's. When you want to invest in crypto, I advise you to buy 'real coins' because on long term that will give you far more profit than speculate the chart with CFD's. I have bought XRP-Ripple, Bitcoin, Bitcoin Cash, Ethereum, ReddCoin, FeatherCoin, Adcoin (ACC), Bunny Token and looking for NEO! But wait NEO to buy,...
Also I invest in Crypto currencies, but I don't trade as CFD's. Too much risk, mainly because they expire very soon every time. When you want to invest in crypto, I advise you to buy 'real coins' and not to speculate the chart with CFD's. I have bought XRP-Ripple, Bitcoin, Bitcoin Cash, Ethereum, ReddCoin, FeatherCoin, Adcoin (ACC), Bunny Token and looking for...
Aswel Fibonacci long as short analysis tell me that Copper -1.33% is at the end of a trend line now. It is at Fibonacci 0% long and 100% short. So, when it breaks the low resistance price can fall to 2.96500 / 2.92000. When resistance hold, price will climb back to 3.06800, 3.09600, 3.12000. I have opened a position!...
Will Copper go long or short?. When the Copper price breaks 3,0250 or 3,223 an 17% movement is expected. The chart can bounce back when the top or bottom price gets touched, the pattern is horizontal now. But WHEN IT BREAKS it will make a movement of probably 17% (always in parts).... So I hold my breath when we reach 3,0250. After years of studying, learning...
Will Copper go long or short?. When the Copper price breaks 3,223 or 3,0250 an 17% movement is expected. The chart can bounce back when the top or bottom price gets touched, the pattern is horizontal now. But WHEN IT BREAKS it will make a movement of probably 17% (always in parts).... After years of studying, learning and practicing I have developed a way of...
Copper will possibly go long. The chart moves Horizontal now. Breakpoint decides if we go long, short or wait. My strategy is to never trade on volatile markets. You will lose your money when you do! Just like last week, when came up unexpected volatility at oil, and we lost two trades. The won position a day before was at a steady market. Well, one of my...
Looking to trade OANDA:XCUUSD - if it breaks cleanly below the yellow line - will be shorting
I am neutral on copper for right this second, but I am getting ready to get long on copper in the next few trading sessions. It looks like she wants to break off the 9 day MA and the Aussie Dollar is showing some strength (just went long AUDJPY) and this suggests perhaps copper will be getting ready to make a comeback. Since contracts expired yesterday it does...