Copper prices are testing our first support in line with our 50% fibonacci retracement and 78.6% fibonacci extension where we could see a bounce above this level. Stochastic is showing signs of bullish pressure as well, in line with our bullish bias.
Copper prices are testing our first support in line with our 38.2% fibonacci retracement and 100% fibonacci extension where we could see a bounce above this level. Ichimoku cloud is showing signs of bullish pressure as well, in line with our bullish bias.
Copper prices are facing bullish pressure from our first support in line with our 38.2% fibonacci retracement and 100% fibonacci extension where we could see a bounce above this level. Ichimoku cloud is showing signs of bullish pressure as well, in line with our bullish bias.
Copper prices are facing bearish pressure from our first resistance in line with our horizontal swing high resistance, 61.8% fibonacci retracement and 100% fibonacci extension where we could see a reversal below this level. Stochastic is approaching resistance as well, in line with our bearish bias.
Copper traded low all throughout this past week and at the moment looks like it is heading towards our resistance area. In the coming days, we are expecting the Copper price to increase until it will hit the $4.2 level. Thereafter, we anticipate the resistance area to hold and push the price down towards the liquidity pool, in order to finish the correction that...
Copper prices are facing bullish pressure from our first support level, in line with our 61.8% fibonacci retracement and our graphical support area and 61.8% fibonacci extension, where we could see a bounce above this level to our first resistance target. Stochastic is approaching support as well, in line with our bullish bias.
Copper prices are facing bullish pressure from our first support level, in line with our 61.8% fibonacci retracement and our graphical support area and 61.8% fibonacci extension, where we could see a bounce above this level to our first resistance target. Stochastic is approaching support as well, in line with our bullish bias.
I will follow the trend during the next days to see which way it will break the triangle. My overall sentiment is bullish
Copper prices are facing bullish pressure from our first support level, in line with our 50% fibonacci retracement and our graphical support area where we could see a bounce above this level to our first resistance target. A break above our upside confirmation level could provide the bullish acceleration to our first resistance target.
The price seems to move in a range bound fashion for few days and a strong reaction on a parallel channel is a possibility where this shared idea realizes
Copper prices are facing bullish pressure from our first support level, in line with our 23.6% fibonacci retracement, graphical support area where we could see a bounce above this level to our first resistance target. A break above our upside confirmation level could provide the bullish acceleration to our take profit target.
Copper moved slowly the entire week and at the moment the consolidation looks like it is almost complete. In the coming days, we are expecting the price to test the resistance area before starting a bearish move towards the liquidity pool located around the 3.80 area. Trade with care. Best regards, Financial Flagship Disclaimer: The analysis provided...
Copper prices are facing bullish pressure from our first support level, in line with our 61.8% fibonacci retracement, graphical support area where we could see a bounce above this level to our first resistance target. Stochastic is showing signs of bullish pressure as well, in line with our bullish bias.
Copper prices are facing bullish pressure from our first support level, in line with our 50% fibonacci retracement, graphical support area and 100% fibonacci extension where we could see a bounce above this level to our first resistance target. Stochastic is showing signs of bullish pressure as well, in line with our bullish bias.
Copper prices are facing bullish pressure from our first support level, in line with our 50% fibonacci retracement, graphical support area and 7100% fibonacci extension where we could see a bounce above this level to our first resistance target.Stochastic is showing signs of bullish pressure as well, in line with our bullish bias.
Copper prices bounced nicely from our support level previously. We maintain a bullish view on Copper, prices are facing bullish pressure from our first support level, in line with our 61.8% fibonacci retracement, graphical support area and 78.6%, 161.8% fibonacci extension where we could see a bounce above this level to our first resistance target.Stochastic is...