Copper Price Smashed pass resistance at 2.8755 where it could potentially rise to 2.9900. I would be buying if price retraces anywhere near 2.8755.
Hi there. Price is forming a continuation pattern to the downside. Watch strong price action at the current levels for sell.
Copper battling with the 50 Daily EMA while finding support at the bottom of the channel. Note we are clearly making higher high's and higher low's . Trade the trend. Opportunity to buy, but first wait how it deals with the EMA.
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!