Not advice in any way. MACD and RSI bearishing diverging Buyers volume declining Rising wedge formation 61.8% retrace from local high
Hi there. Price is forming a continuation pattern to the downside. Wait for the price to complete the pattern and watch strong price action for sell.
Hi there. Price is forming a continuation pattern to the downside. Wait for the price to complete the pattern and watch strong price action for sell.
I didn't find this. It found me. Tell me what you think and if you don't give a fuck.. Just give it a thumbs up
Copper is one of those commodities slapped by China and they want it all. Unfortunately, copper is at a crucial level where ould go even lower with a massive buying opportunity. Cream Live Trading
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...
Hi there. Price is forming a continuation pattern to the downside. Watch strong price action at the current price for sell.
As you can see the strong relationship Copper has with Chinese equities, you will notice what has been the case for these final stages of the economic cycle, metals have been moving miles ahead of equities. We got the floor set in Copper as widely expected all year: Any dips now look competitive: Copper has been allowed to outperform Gold: Bulls...
The Doc will pass his verdict as to the broad global slowdown in the very near future, folkz!
Hi there. Price is forming a continuation pattern to the downside. Watch strong price action at the current price for sell.
Because of copper's widespread applications in most sectors of the economy — from homes and factories to electronics and power generation and transmission — demand for copper is often viewed as a reliable leading indicator of economic health. CPER ETF seeks the daily changes in percentage terms of its shares’ per share net asset value (“NAV”) to reflect the...
Daily Chart Explanation: - Price is against a Weekly Support Zone. - Price is under a Descending Trendline. - Bullish Divergence on MACD. - If price breaks the Descending Trendline at 2.68, potential to move up towards the Resistance Zone at 2.96 and, then, to the Weekly Resistance Zone at 3.2. Our Weekly Vision supports this potential long idea. Take a look!...