$AUDUSD appears to have comp0leted a correction and is ready to resume the monthly uptrend. We're long and added here at 0.7850 for the last time, after buying at 0.7835 initially.
The trend in EV adoption is driving flows here I suspect, with an increase in the price of copper, iron ore, cobalt, nickel, and other materials required for different battery types. ...
Copper has been bullish since the bottoming we pointed out in early 2016. Now 2.90 has become an area of previous structure where we have held up recently printing a pin bar and bullish engulfing candlestick. It is possible we go lower before going up towards 2.70-2.80, but highly unlikely. The next area of resistance will be the 3.40 area and then around the 3.65 ...
ASX listed MOD resources are developing a large copper project in in the Kalahari copper belt of Botswana in partnership with AIM listed Metal Tiger AIM.MTR
Chart has seen a long consolidation zone around the 6c mark with recent volume entering at the long term trend line, suggesting a break out is likely to occur in the near term. This aligns with potential ...
Price found good support twice a the sliding parallel of the median line, and broke above the consolidation it was moving. In case you see a pullback at the sliding parallel it would be a nice idea to start watching for a buy setup. A bullish divergence adds to our thoughts on going long
The market soared in the past several months,now a bearish bat pattern has completed.
Meanwhile the price entered the very good Supply zone and bearish candles appeared in the zone.
What's more,strong resistance is faced at this zone.
So it is good to sell at 2.915-2.950 levels.
SL: above 2.950
TP1: 2.70
TP2: 2.50
TP3: 2.525 and further more
Sandfire Resources NL is a mining and exploration company. Copper, gold and silver.
Developing Black Butte Copper Project in central Montana, USA.
Ascending right-angle triangle developing on the weekly. Price allow now entry with good risk/reward.
Missed CU train this time, however will surly go long when this trend line will get tested again...
Possible reversal for trend line test is 3.2..lets see
Idea: Copper continuation long based on bullish RSI swing failure on the hourly chart. The Daily resistance level 2.966 has recently been broken and seen a pullback. Strength in retesting this level could see a possible upside continuation to 3.08325.
Cons: The stop has to survive the Monday open.
DISCLAIMER:
This is where I practice ideas and work on my trading ...
Freeport McMoran has completed a pennant pattern, while found it's short-term support. It has also kept its track on the long-run support trend line. Copper price is also keepin' it up.
It just seems like a good time to start buying, ain't it?
