As per my analysis Copper is on Range bound So sell near 507.10 Stop loss level at 508.40 Target Expected 503.20 / 501 or Buy at 501.10 Stop loss at 499.80 and expected targets 505.30 / 507.10 NOTE : WHICH EVER ENTRY TRIGGERS FIRST BE ON THAT SIDE AND LEAVE THE OTHER VIEW Gann And Fibonacci Always rocks Follow us and support us and help us to grow
Whether or not the tech bubble pops, precious metals will continue to rise. $FCX is a safe low risk long term hold. Watch for Copper futures to quickly trade above $3.
As per my analysis Copper is on Buy Trend correction So sell near 507 Stop loss level at 508.40 Target Expected 503.20 after correction buy at 503.20 Stop loss at 502.10 and expected targets 507.30 / 510.10 NOTE BUY IS THE MOST PREFERRED TREND/TRADE Gann And Fibonacci Always rocks Follow us and support us and help us to grow
Intraday Commodity Future Sell COPPER JUL @507-507.2 SL 509.45 TGT 503.30 Tk cross over and MACD indicates bearish volume is not much though but we expect to fall with good volume.
Liking this 1.8B mining stock for play on gold and silver after copper play. Optimism in my Fibonacci chart abounds, but with all the policital rhetoric during COVID has me liking silver over $21/oz. going higher, and gold going higher, and copper has turned the recent corner. How easy is it to quadruple $0.90 in your pocket? Playing this over next 2...
Hello Traders! The price of E-mini Copper Futures has been recovering with incredible momentum in the last few months. There are some bearish signals though, as the RSI is indicating overbought conditions, and the 50 SMA and the 100 SMA have recently crossed under the 200 SMA. A more cautious trader would probably wait and see if the next weekly candle breaks...
As per my analysis Copper is on Buy Trend So buy near 509.30 Stop loss at 508.20 and expected targets 513.10 / 517.60 Expecting time to trigger our buy entry is 4 PM . If today"s high is safe before our entry . Gann And Fibonacci Always rocks Follow us and support us and help us to grow
Closed 2/3rd's of this trade posted below.
Intraday Commodity Future Sell COPPER JUL @504.7-504.9 SL 506.10 TGT 502.60 MACD CROSS OVER indicates bearish followed by huge volume on sell side so go short.
As per my analysis Copper is on Buy Trend So buy at 503.90 Stop loss at 502.80 and expected targets 507 / 509.70 Gann And Fibonacci Always rocks Follow us and support us and help us to grow
XCU Copper Great bullish momentum for months. Key Question - Could we head higher or go lower? We have a pattern with trend-lines to add confluence. Taking whichever way it breaks - Could add alerts or orders to make it easier. Don't forget to keep in mind USD. On the DXY we are a key area. This is just trade idea, not a recommendation...
We ended last week with a doji candle at the trendline from the 2011 highs and with RSI hovering around overbought levels. Copper's weekly and monthly close will be foreshadowing for markets into US Presidential Elections on November 3, 2020. Trade idea is a sell stop (or buy stop) above on a daily candle close below (or above) weekly doji candle. For...
I think copper may take rest for this week. Wait catch the big fish...
As per my analysis Copper is on Buy Trend So buy at 499 Stop loss at 497.4 and expected targets 501.70 / 504.10 Gann And Fibonacci Always rocks Follow us and support us and help us to grow
Intraday Commodity Future Buy COPPER JUL @498.85-499.05 SL 496.85 TGT 502.40 TK cross over on 30 min chart so data looks bullish for intraday or short term go long at CMP.
Description: An analysis for the week ahead. Points of Interest: S&P $3,200 Balance; February Gap; Nasdaq Weakness, Russell and Dow Strength. Technical: Broad-market equity indices balanced higher last week, evidenced by the responsive, tight trading range. Recapping last week’s action, on Monday, the S&P 500 gapped higher, outside of a prior balance...