Pair : CU - Copper Description : Completed " 1234 " Impulsive Waves Break of Structure Demand Zone Rejection from Ascending Trend Line Fibonacci Level - 50.00%
Copper (HG1!) has emphatically broken above the last Resistance of the 2-year Bear Cycle as it smashed through the top of the long-term Triangle pattern. The same pattern kept Copper on a Bear Cycle up until June 2020 when it started the remarkable rally to the 5.000 High (1.786 Fibonacci extension). As you can see on both fractals, the formation of a Death Cross...
Copper is up big! We are following Mr. Copper on the TTR for a long time. This advance is not driven by a good Global economy. Something is up behind the scenes, which is very scary as this is not a reflection of the Global economy doing so well! All war metals are up…
Pair : Copper CU Description : Exp FIAT as an Corrective Pattern in Short Time Frame with the Breakout of Upper Trend Line Break of Structure RSI - Divergence Consolidation Phase in Short Time Frame Completed " 1234 " Impulsive Waves
Pair : CU - Copper Description : Completed " 12345 " Impulsive Waves Consolidation Phase RSI - Divergence Break of Structure and Retracement CHoCH
Pair : CU - Copper Description : Completed " 123 " Impulsive Waves Bullish Channel in Long Time Frame Break of Structure RSI - Divergence Impulse Correction
Pair : Copper - CU Description : Completed " 123 " Impulsive Waves Break of Structure RSI - Divergence Impulse Correction Rejection from Daily Resistance
Copper (HG1!) has entered the 3.9740 - 4.0235 Resistance Zone that has been in effect since May 01 2023. It has provided the rejections of August 01 2023 and December 27 2023, with the latter hitting the 0.618 Fibonacci retracement upon its reversal and the former the 0.786 level. Technically the current 1D CCI pattern is almost identical to the one that preceded...
Pair : Copper - CU Description : Rising Wedge as an Corrective Pattern in Short Time Frame and Rejection from Upper Trend Line RSI - Divergence Break of Structure Completed " 12345 " Impulsive Waves at Daily Resistance
Pair : Copper - CU Description : Completed " 1234 " Impulsive Waves RSI - Divergence Break of Structure Bearish Channel as an Corrective Pattern in Short Time Frame with the Breakout of the Upper Trend Line and Retracement
Pair : Copper Description : Rising Wedge as an Corrective Pattern in Short Time Frame and Rejection from Upper Trend Line RSI - Divergence Break of Structure Completed " 1234 " Impulsive Waves Fibonacci Level - 78.60%
Copper (HG1!) is trading on its 1D MA50 (blue trend-line), on a Bullish Leg following the February 09 2024 rebound. That was a Lower Low within the Channel Down that started in December. The long-term pattern is a Falling Wedge and being much closer to its top, after the January 31 2024 than its bottom, this is a strong sell opportunity. The August 2023 Lower...
Pair : Copper - CU Description : Bearish Channel as an Corrective Pattern in Short Time Frame and Breakout the Upper Trend Line and Completed the Retracement RSI - Divergence Double Top as an Corrective Pattern in Long Time Frame and Rejection from Daily Resistance Break of Structure
Pair : Copper - CU Description : Completed " 12345 " Impulsive Waves and " A " Corrective Waves. Bullish Channel as an Corrective Pattern in Short Time Frame with the Breakout of the Lower Trend Line and Retracement. Rejection from Fibonacci Level - 78.60% / 100.00%
Pair : Copper - CU Description : Completed the Breakout of Lower Trend Line of the Corrective Pattern " Bullish Channel " in Short Time Frame. " 12345 " Impulsive Waves and " AB " Corrective Waves will be completed at Fibonacci Level - 78.60%
Pair : Copper - CU Description : Bullish Channel as an Corrective Pattern in Long Time Frame with the Breakout of the Lower Trend Line and Bearish Channel as an Corrective Pattern in Short Time Frame and Rejection from Upper Trend Line. Completed " 12345 " Impulsive Waves and making its " A " Corrective Wave. We have LL - LH and Break of Structure
Pair : Copper - CU Description : Bearish Channel as an Corrective Pattern in Short Time Frame , Rejection from Lower Trend Line. Completed " 12345 " Impulsive Waves at Daily Resistance Level and making its " A " Corrective Wave. Break of Structure
Pair : Copper CU Description : Bullish Channel as an Corrective Pattern in Long Time Frame and Rejection from Lower Trend Line. Rising Wedge as an Corrective Pattern in Short Time Frame with Strong Divergence and Break of Structure Entry Precaution : Wait for Rejection or Breakout