TheBadPanda

TheBadPanda

COPPER has had a sweet run higher after returning to the 2.94 support level. Currently we are trading at the 3.30 level and I see this as another potential sell off so here's the analysis so you're all prepared to capitalize on another opportunity. Ideal Scenario: We post a higher day Monday and just scream on higher to 3.45. Sick! Medium Risk Scenario: We...

TheBadPanda Updated 

GBPUSD is a beast lately. Messy consolidation followed by a breakout. I expect we will attack the old highs and continue the longer term trend from the last months. This is a longer term projection so not expecting parabolic moves here, think we might consolidate and drift higher. Note: All ideas expressed here are presented solely for learning and educational...

TheBadPanda Updated 

WTI Crude has been in a nice uptrend in the last months. I'm hunting another move higher. My upside target is 60.20. I'm waiting for price to confirm its moving higher by breaking a key resistance level. Note: All ideas expressed here are presented solely for learning and educational purposes only. Any gains or losses assumed by trading ideas presented by The...

TheBadPanda

While other currencies have shown some weakness in the recent weeks, USDCAD has remained strong. I expect the current trend to continue after the strong rejection and failed break lower from the 1.2650 level. Will the current consolidation turn out to be a bear flag moving higher to the 1.3100 figure? I will be watching for a retracement to get in on the long...

TheBadPanda Updated 

It must be thanksgiving and Christmas because CORN has been looking ready to pop for some weeks now. December/January is a typical bullish swing for CORN. I expect price to move up into the 3.68 level in the coming week or two. Beyond that will be hard to say. There is some strong Bearish market structure lurking around. Note: All ideas expressed here are...

TheBadPanda Updated 

Looking for a reason to be bullish copper? You might cite a weak US Dollar, the world wanting more electric cars, or our obsession with telecom...I'm just looking at the chart. Bullish trend? Check. Support held? Check. Alright lets look for some higher targets! For me I'm looking for an extension to the 3.4500 level. It might take some time to get there but I'm...