HGCOPPER - BUY - 4H Support Buy @ Current/Market Stop Loss @ 3.04211 Take Profit @ 3.19432 ------------------------------------------------------------------------------------ 🔺 Disclaimer! The content of this analysis is subject to change at any time without notice. 🔺 It is provided for the sole purpose of assisting traders to make independent investment...
Short term Elliott Wave View in Copper (HG) indicates that the metal has ended the rally from March 19 low at $3.218. The entire rally is unfolding as a 5 waves impulse structure. The 5 waves move higher ended wave ((1)) at $3.218. Wave ((2)) pullback is currently in progress to correct cycle from March 19 low in the sequence of 3, 7, or 11 swing before the rally...
Copper daily chart seems to be losing steam as momentum failed to touch the overbought level as the price made new highs. The risk to reward favours a short setup. Red line - Stop level Green Line - Target level
Technical analysis done on Monthly, weekly and daily charts
Price is facing bearish pressure from our first resistance in line with our 23.6% fibonacci retracement descending trend line and horizontal pullback resistance where a break below our downside confirmation level could trigger a further drop below this level. Ichimoku cloud is showing signs of bearish pressure as well, in line with our bearish bias. Trading...
Price is facing bearish pressure from our first resistance in line with our 23.6% fibonacci retracement and horizontal pullback resistance where we could see a further drop below this level. 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...
Hello everyone This is my Copper idea for Daily time frame watch key notes for more detail on chart for any question feel free to ask :) good luck
If the 3,12 holds and Copper turns again, this could be a good entry point to go long.
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!