COMEX_MINI:QC1! Like the title says; SELL it - SHORT! Regarding Wall Street's conviction, the "check mark shaped recovery" and other tall tales ... .... this is the summary post. ... and here is their "Copper delusion" Let's try Reality! ... ... Shall we?! The original Gold / Copper Ratio post
... since this post: and this post: and this post: ... and so on. Many of you asked "what is our single largest current position?". That's easy: Short Copper. (and WTI Crude)
Buy at 523.60 stop loss 522.50 Target 525.50 / 526.50 Sell at 527.80 Stop loss 529.30 Target 526.50 / 525.50 which ever entry triggers first then go that side and leave the other view Fibonacci and Gann always rocks support us follow us and research with us
Intraday Commodity Future Sell COPPER AUG @504.6-504.8 SL 507.10 TGT 500.80 MACD cross over + TK line indicates bearish trend so go short for the intraday.
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
Copper seemingly has broken its downtrend, with the presence of a strong linear regression uptrend on the daily chart (0.86) this upward movement will likely continue.
Copper looks to be forming a head and shoulders pattern here which should break to the downside and as you know from my past publishes, targets are outlined in yellow. Might want to take a look at commodities, as formations there looking like a break back down, e. g. crude oil looking go likely revisit mid to lower $40s. HELPFUL VIDEOS TO TEACH YOU:...
After the wave X, which ran from January 2016 to December 2017, copper should now finish the correction phase with a wave (Z). However, this should accompany copper until the first quarter of 2019. As a result, copperproducers are more likely to let off steam on the bottom in the coming months when this scenario arrives.
After wave (A) completes long the abc move up and then shift to a short position to play the wave (C) down.
Copper broke the range it was trapped in on Friday, and I've been long via IVN.TO for roughly a month now. I'll be buying any dips or retests of the previous range. As soon as we touch sub 4.50 for IVN i'll be buying. -Healthy RSI, MACD crossing up on the 1D.
Copper Crash Incoming. Good Risk Reward.
Took a look at copper, target and criticals are in the chart. Will wait for retest upper MLH before i enter (or, alternatively for zoom and retest of old (grey) median) . Stop would ideally be above pivot. Target 1: bottom channel, target 2 base WRB, target 3 downsloping median.