Seems to be in a tight range 516 to 529 Trend channel and support lines marked FOLLOW.... LIKE.... SHARE.....
copper ist going on to test the recent breakout, see purple line; more downside possible before upturn; act on your own opinion
After the historic bull run across the commodity market it seems we have finally seen a long awaited pullback. My medium/ long term projection is still favouring more bullish price action although as it stands all pairs are range bound. It seems as though Copper in particular has been scooped up by Chinese investors as well as being influenced by a boom in home...
Hello everyone hope you´re all safe. It´s been some time that i do not share some trading ideas i´m looking at. Time to share a little bit more. Copper 1h tf with a fresh supply level offering +3.5 RR
Copper bounced off 2.97794 where it could potentially rise further to 3.03947. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks
Copper bounced off 2.97794 where it could potentially rise further to 3.03947. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks
Big demand for indu metals. Or at least price is going up for some reason. Maybe suriv supply problems? Been following this one for a while. Could be a time to buy again. I don't even remember how many times I got in and out in the last 3 months. Not dozens either but more than once or twice. Anyway in general they (real world use metals) go up this year. A...
Little Target 524. But strict stop loss in 529
Intraday Commodity Future Buy COPPER SEP @527.55-527.85 SL 525.80 TGT 531 Tk cross over at 526 + above VWAP if stays above then we can see more upside
Gold to climb from its upside confirmation at 2016.43 where it could potentially bounce further to 2070.73. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Copper to climb from its upside confirmation at 3.03976 where it could potentially bounce further to 3.08186. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
I'm remaining long from this signal given on the 6th of last month. Currently floating +10.35% from this position-- un-marginalized. The margin account used for this trade risked 2% for a +21.034%% current floating gain on this long. Stoploss has been and is remaining just above entry.
Copper gained new recovery today an in der 1h chart an overthrow with a step back is to registrate; this shoud be a part of pausing. It remains to be seen, if this event causes more corrective note
Copper is approaching our support at 2.98106 where it could potentially rise further to 3.03776. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks
TA, - Daily MACD golden cross - Price above 120ema - 5ema crossing 20 and 40ema - Strong bounce off 0.059 support ( Long tail ) Entered on 10th August (bit too early). Looked like a good trade setup but macro environment weighing down on the price action on the following days. Should have waited for confirmation. Will cut loss if it breaches 120EMA. Exit: 0.087 SL: 0.05