We called it, it happened. Price hit the Mega-Resistance and bounced back down, already down 1,4% today. That was personally my biggest trade in value yesterday and it paid off. Stop losses are now at entry and risk is zero but the potential reward is huge, with several take profit levels in mind. Technical analysis never lies.
We take profit gradually, always. Find on the chart our first 3 take profit levels ps. it takes 1 take profit level for us to secure some profit and then have the stop loss at zero (entry) to secure a guaranteed profit. Try to do the same and your trading will become better. 💌
We have been waiting for this alarm notification (i guess you know that tradingview can send you alarm notifications) for over a month now. Well here we go: Time for us to sell Copper now
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
First positive signal from copper. New annual high was reached today. Maybe primary wave 1 of cycle wave III is established. Best regards from Hanover, Lower Saxony Stefan Bode
Today, August 19, 2020, the 2019 April high within wave 1 of wave III was taken out of the market. Whoever wants to earn real money in the next few years, as with gold and silver stocks, can now also position himself with copper or its producers. I introduced a few in the last YT video. In my opinion, price setbacks should be used for strategic entry or...
Buy at 518.70 stop loss 516.80 Target 522.75 / 532 Fibonacci and Gann always rocks support us follow us and research with us
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
As per my analysis copper is on sell so, Sell at 530.50 and stop loss at 531.60 and expected targets 527.10 / 523.70 Fibonacci and Gann always rocks follow us , support us , research with us
Intraday Commodity Future Buy COPPER AUG @532.2-532.4 SL 529.90 TGT 536.20 Above VWAP + TL cross over + MACD cross over
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.
Comparison of TOTAL2 and Copper Similarities can be seen in the formation of a scallop This may lead to a bullish C wave breakout on copper I identify this structure as 'weak' due to its lacking of a strong double bottom and slight downward slope, however it is a good chart pattern for accumulation.
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
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...
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.