Copper & Gold player HCH with some solid volume after some an exceptional Maiden Recourse result. Big things are coming for these guys and i'm following along for the ride. Entry average 4.4c but will definetly keep accumalting more shares. Minor resistance @ 6.8c Major resistance @ 9c I see very little downside to these guys but as per every trade my trailing...
Price is facing bearish pressure from our first resistance where we could see a drop below this level to our first support target. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks
Still needs to break 31 though, but has found resistance at 25.53, its 200 EMA
Copper - Intraday - We look to Buy at 3.019 (stop at 2.999) We look to buy dips. Dip buying offers good risk/reward. Previous support located at 3.020. Support is located at 3.000 and should stem dips to this area. A move through 3.080 will confirm the bullish momentum. Our outlook is bullish. Our profit targets will be 3.079 and 3.097 Resistance: 3.080 /...
We caught the bounce nicely from our first support and remain bullish above this level. Price is facing bullish pressure from our first support in line with our 38.2% fibonacci retracement, 127.2% fibonacci extension and horizontal pullback support where we could see a further push up above this level. Ichimoku cloud is showing signs of bullish pressure in line...
Price is facing bearish pressure from our first resistance, in line with our horizontal overlap resistance, 61.8% fibonacci retracement and 78.6% fibonacci extension, where we could see a further reversal below this level. A break below our downside confirmation level could see a further drop to our first support target. Stochastic is facing bearish pressure from...
lets see how this goes. these patterns are so funny. seems they work out about 2% of the time... maybe this is it? Can find a bunch of these cups as you look through your favorite names. Bet they all break the same way, at same time. Will be interesting to see what puts the next move in motion. Good luck out there!
Minimum target 529 for the day. Risk takers may proceed with selling who may carry forward the positions for the next week. * Disclaimer : I just shared my view. Please trade with your own and comfortable views.
First positive signal from copper. New annual high was reached today. Maybe primary wave 1 of cycle wave III is established. Best regards from Hanover, Lower Saxony Stefan Bode
Today, August 19, 2020, the 2019 April high within wave 1 of wave III was taken out of the market. Whoever wants to earn real money in the next few years, as with gold and silver stocks, can now also position himself with copper or its producers. I introduced a few in the last YT video. In my opinion, price setbacks should be used for strategic entry or...
Price is facing bearish pressure from our first resistance, in line with our 78.6% fibonacci extension and horizontal swing high resistance, where we could see a reversal below this level, towards 1st support at 2.96299. Stochastic is approaching resistance as well. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please...
Targets 522/521 Main Stop Loss at 528.5 *Disclaimer : I just shared my view. Please trade with your own and comfortable ideas. Thanks.
ENGLISH - Prices have been registering lower highs and higher lows, trading inside a consolidation pattern since 2009, the long-term trend is then neutral. - More recently, the market rebounded for the second time over 1.9735 with a strong bullish acceleration which led prices to a clearing of their long-term bearish trendline (dotted line). Volumes are globally...
Copper is retesting a major broken trend line. currently, the price is trading within an important zone of confluence, it is based on a horizontal 4h structure, major above-mentioned trend line, and fib.retracements of the last two bearish legs. chances are high that the price will drop. target levels: 2.85 2.79
SELL 511-12 SL 516 TGT 504-500 GO LONG NEAR 500-504 FOR 522