copper- approaching a major resistance level (the ALL TIME RESISTANCE LEVEL) We will start opening some short positions here today but carefully because it still has room to rise another 2,5% before dropping massively
Price is facing bullish pressure from our first support in line with our ascending trend line where we remain bullish above this level. A break above our upside confirmation level could provide the bullish acceleration to our first resistance target. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you...
We are seeing a medium-probability bearish scenario as price has reversed from our first resistance area at 3.28810, where we could potentially see a fall below this level towards our first support at 3.21852. The Stochastic indicator shows a bearish divergence, which also indicates a bearish reversal. Trading CFDs on margin carries high risk. Losses can exceed...
We caught the reversal nicely. Currently prices are approaching our first support where we could see a bounce above this level. The Ichimoku cloud is showing signs of bullish pressure as well in line with our bullish bias. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
1h time-frame: end of 5th wave. MACD and RSI sell signal. fibonacci price levels created a strong price cluster. 4h time-frame: end of wave C. bearish engulfing candle with trigger.
We caught the reversal nicely. Currently prices are approaching our first support where we could see a bounce above this level. The Ichimoku cloud is showing signs of bullish pressure as well in line with our bullish bias. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
We caught the reversal nicely. Currently price is facing bearish pressure from our first resistance where we remain bearish below this level. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks
Price is facing resistance where we could see a reversal below this level. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks
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
Price is facing bullish pressure from our first support where we could see further upside above this level. Trading CFDs on margin carries a high risk. Losses can exceed the initial investment so please ensure you fully understand the risks
Price is facing bullish pressure from our intermediate support where we remain bullish above this level. Ichiomku cloud is showing signs of bullish pressure as well. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks
Price is facing bearish pressure from our first resistance in line with our 50% fibonacci retracement and horizontal swing high resistance, where we could see a further drop to our first support target. Stochastics 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...
Price is facing bearish pressure from our first resistance in line with our 38.2% fibonacci retracement and horizontal swing high resistance, where we could see a further drop to our first support target. 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...
Price is facing bearish pressure from our first resistance in line with our 38.2% fibonacci retracement and horizontal swing high resistance, where we could see a further drop to our first support target. 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...
Price is facing bearish pressure from our first resistance in line with our 38.2% fibonacci retracement and descending trend line, where we could see a further drop to our first support target. 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...
Price is facing bearish pressure from our first resistance where a break below our downside confirmation level could trigger a further drop to our first support target. 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 investment so please ensure you...
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