Set buy order at $2 and call it a day. Let's see how price holds their
Dates in the future with the greatest probability for a price high or price low
Dates in the future with the greatest probability for a rice high or price low
Dates in the future with the greatest probability for a rice high or price low
Dates in the future with the highest probability for price direction reversals
Pattern: Channel Up on 1D. Signal: Bullish if the price breaks the 1D MA200 or if it tests 2.500 again. Target: 2.800 (right below the Resistance Zone). Recent successful signal on Copper:
In "Copper Tempest" (see related ideas), I analyzed the macro-view on Copper. Now it's time to act. My trade starts from 2.8462 with final target of 2.8125 (end of first corrective wave). Stop Loss set at 2.8537. Disclosure: My ideas contain statements and projections based on assumptions on capital markets, and therefore inherently subject to numerous risks and...
If you like this idea, don't forget to hit the Like Button and to Follow Me! Exciting days for Copper. The brown metal reached the $2.8575 level. I'm confident that copper price will rise in the long run if copper demand, especially for China (largest copper consumer), will continue to record highs (527,000 tons in December 2019). However, we still live on...
Here we are tracking a base forming in Copper ahead of July Fed. A good time to update the chart, for those following the previous Copper short chart (see attached: "Copper next to lose its shine... Strong Dollar prevails") the offer is naturally expiring with the pivot in Dollar flows. The invalidation for this setup comes with a daily close below the 2.528...
BUY COPPER 2.610 TG 3.118 SL 2.543
Just my opinion on what market might currently be doing. Enter and exit at your own risk. DISCLAIMER Please note that this chart is an opinion based chart only. Please trade at your own risk
Copper is currently a sell but not long before buyers come back in. My labelled zones are only a rough idea of where i think the market may touch before turning around. Decide on your own Entry & Exit. If you do decide to enter a sell from this point, then i would put a SL around 10pips about zone A because market can always go back up to A again before coming...
I have two ideas in mind, bounce at 2.84 ....or bounce at 2.74 (for the optimist bear (me!)) I hope my thinking is clear from the graph (ignore the memelines from earlier, i usually don't publish). In conclusion, i see a solid trend brake and no support in sight Please share your thoughts with me so i can improve :D I have moved my stop loss for my short to...
HG HG1! Copper has been bottoming for quite some time. Economic trends are plumbing/housing, electronics, and EV vehicles, so let's step back and review. * Oversupply for quite some time. * Copper prices are historically peak in December. * Housing/construction build rates for SF/MF/5+units is steady Yr/Yr for 5-yr and slight growth if any. * ...
Big level here oversold on multiple supports. $HG_F $GLD $GDX $JJC
After wave (A) completes long the abc move up and then shift to a short position to play the wave (C) down.
Hello Traders, In this analysis, we will have a look at the metal Copper in the 1 hour chart. Short-term Elliott Wave view suggests that the pullback to 3.0101 on 5/30/2018 ended blue wave (2). The internals of blue wave (2) unfolded as an Elliott Wave double three structure where red wave W ended at 3.0195 and red wave X ended at 3.1485 high and the decline to...