Waiting for rejection off the liquidity zone. Selling only after the break below the HMA and the retest of the liquidity zone. The break below the HMA has already happened. In the area of the retest of the liquidity zone at the moment. Looking to sell from that zone. Trading this off a higher timeframe as this is a 3 week swing at the least **This is just my...
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%
I fail to grasp the general consensus where the overall impression seems to be that "bad technicals" but "a very pretty fundamental picture"? LME stocks jumped +45% just since January alone! - How is that a "good" fundamental picture? (I must be missing something, especially with China not coming back, in any way resembling past demand.) Long(er) term, one could...
XCUUSD - Intraday - We look to Sell a break of 4.099 (stop at 4.139) Our bespoke support of 4.130 has been clearly broken. Offers ample risk/reward to sell at the market. We look for losses to be extended today. Short term bias has turned negative. Our profit targets will be 3.999 and 3.979 Resistance: 4.130 / 4.160 / 4.185 Support: 4.075 / 4.030 /...
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...
Copper showing downline trend↘, will be very helpful for long term trade. Will be profitable, if staying for long. MCX:COPPER1! P.S.- I am not responsible for any personal loss.
Copper hrly short shortstop @ 4.4788 TP #1 @ 4.4541 75% wr TP #2 @ 4.4271 50% wr SL @ swing high 4.5395 17.50% hr WR and HR determined from past trades on this metal More trades like this on my profile and on Bifrost Trades.
This is a (very) long-term SHORT! The long-term picture - the Monthly;
Get ready to dump it! Here is the Weekly;
Our updated chart shows that clearly the price is in a descending channel. Our take profit levels are broken down in 4 layers. The price of Copper will be depending on mainly Asian and other indices performance, especially the more industrial ones.
This is our small chart for Copper. As you can see from previous ideas we were able to sell it at a perfect time right on the mega-resistance . That level is a massive barrier that Copper will find great difficulty breaking. The take profits are on our previous charts
We called it, it happened. Price hit the Mega-Resistance and bounced back down, already down 1,4% today. That was personally my biggest trade in value yesterday and it paid off. Stop losses are now at entry and risk is zero but the potential reward is huge, with several take profit levels in mind. Technical analysis never lies.
We take profit gradually, always. Find on the chart our first 3 take profit levels ps. it takes 1 take profit level for us to secure some profit and then have the stop loss at zero (entry) to secure a guaranteed profit. Try to do the same and your trading will become better. 💌
We have been waiting for this alarm notification (i guess you know that tradingview can send you alarm notifications) for over a month now. Well here we go: Time for us to sell Copper now
copper- approaching a major resistance level (the ALL TIME RESISTANCE LEVEL) We will start opening some short positions here today but carefully because it still has room to rise another 2,5% before dropping massively