I usually try not to short bull trends, and only keep long positions. But this one seems juicy: - Nice Bull-trend post-corona. - Reaching summer-18 highs. - Top of trend line. Usual risk when shorting bull trends is a continuation just below the top trend line, in which case it is possible to hold until it finally swings down, or to find a place to liquidate...
Price is facing resistance where we could see a reversal below this level. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks
Hi Guys, Interesting time for copper! Chinese smelters and global miners meet every November to negotiate the annual benchmark for the following year’s TC/RCs. Miners pay treatment and refining charges (TC/RCs) to smelters to process concentrate into refined metal. When supply is scarce, refiners have to charge less to attract what they need. This comes when...
This is the Monthly Chart and as such, signals are reliable, and in this case: self explanatory. SELL, as well as feel free to bet the farm! Best to all
Price is facing bullish pressure from our first support where we could see further upside above this level. Trading CFDs on margin carries a high risk. Losses can exceed the initial investment so please ensure you fully understand the risks
looks pretty gnarley. especially if you consider the background noise..
Support us by consulting our free daily magazines with color stock charts and weather maps on our commodity-market-review.com website. TECHNICAL ANALYSIS OF COPPER Last week, COMEX copper futures closed higher at $3.1540 per pound. As the Dollar dropped sharply this week, the DXY rose from 94.09236 at the end of last week. The pandemic continues unabated, with...
Price is facing bullish pressure from our intermediate support where we remain bullish above this level. Ichiomku cloud is showing signs of bullish pressure as well. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks
Price is facing bearish pressure from our first resistance in line with our 50% fibonacci retracement and horizontal swing high resistance, where we could see a further drop to our first support target. Stochastics is showing signs of bearish pressure as well, in line with our bearish bias. Trading CFDs on margin carries high risk. Losses can exceed the initial...
Copper Target Price 3.3135 | Bullish Engulfing Candle
Entry at Exponential Moving Average (10 Period). Bullish Flag. Descending Channel. Trend Is Up. Uptrend. Pin Bar Candlestick.
Price is facing bearish pressure from our first resistance in line with our 38.2% fibonacci retracement and horizontal swing high resistance, where we could see a further drop to our first support target. Ichimoku cloud is showing signs of bearish pressure as well, in line with our bearish bias. Trading CFDs on margin carries high risk. Losses can exceed the...
Price is facing bearish pressure from our first resistance in line with our 38.2% fibonacci retracement and horizontal swing high resistance, where we could see a further drop to our first support target. Ichimoku cloud is showing signs of bearish pressure as well, in line with our bearish bias. Trading CFDs on margin carries high risk. Losses can exceed the...
fire sale on this unknown safe jurisdiction silver play
Support us by consulting our free daily magazines with color stock charts and weather maps on our commodity-market-review.com website. TECHNICAL ANALYSIS OF COPPER Last week, COMEX copper futures closed lower at $3.0470 per pound. The worsening health situation with a sharp increase in covid-19 cases in the US and Europe has strongly impacted the markets last...
Price is facing bearish pressure from our first resistance in line with our 38.2% fibonacci retracement and descending trend line, where we could see a further drop to our first support target. Ichimoku cloud is showing signs of bearish pressure as well, in line with our bearish bias. Trading CFDs on margin carries high risk. Losses can exceed the initial...
Notice how the 5sma has been resistance for the SOXX for the past 12 trading days (red oval). This tells us that short-term, SOXX has to break the 5sma to get out of its current down-trend. The purple line is the 50sma, which is now also resistance, as we crossed below it, and is now touching the 5sma.
Price is facing bearish pressure from our first resistance where a break below our downside confirmation level could trigger a further drop to our first support target. Ichimoku cloud is showing signs of bearish pressure as well, in line with our bearish bias. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you...