The price is trading on a 1D Channel Up (RSI @ 61.767, MACD @ 0.035), which has made this week a Higher Low (Highs/Lows @ 0.0000). The next Higher High is expected on a +8% rise but we are taking a more conservative target. TP = 3.03455. ** If you like our free content follow our profile (www.tradingview.com) to get more daily ideas. ** Comments and likes...
The higher time frame trends on copper are presenting mixed messages. There are lots of interesting opportunities if one can exploit lower time frame trends cautiously.
Long XCUUSD for Target of $3 Buoyed by US-China Trade Deal Optimism. Stay Long With Stop loss near 2.88
picture of the daily chart, buy low sell high, look at the story behind the chart....what are the candles saying. i cant trade copper but this is what i would be looking at. buy low sell high and play it on the smaller timeframes.
Self explanatory. 0 strong fundamentals driving the market. Trend = 0 trend. Go with the basic TA. Easy.
Copper has bounced from Crucial Support. With Dow Falling and XCUUSD still Holding Ground. Long XCUUSD possibly with Continuation of Trend
Hi there. Price is forming a continuation pattern to the downside. Wait for the price to hit the bottom of the pattern and watch strong price action for buy.
XCUUSD has formed a head and shoulders pattern, a break below the neckline will signify more downside.
Copper has been trading within a long term 1W Rectangle (STOCH = 49.048, Ultimate Oscillator = 49.708) with 2.52850 - 2.53850 as the Support zone and 2.83470 - 2.84595 the Resistance. A repetitive pattern that stands out is a sharp rise that is followed every time after a 1D Lower High sequence breaks to the upside. We are currently close to such an event so we...
All Copper has been doing is expanding this WXY structure, but is came off the exact spot fib and pattern wise to go for Y.. Finally.
Cooper (1hr Heikin Ashi chart) looking to stay on consolidation for some time, trading on channel excellent opportunity to enjoy the trend for small % trades. Disclaimer: This written/visual material is comprised of personal opinions and ideas. The content should not be construed as containing any type of investment advice and/or a solicitation for any...
Hi there. Price is still in the continuation pattern to go up. Wait for the price to hit the bottom of the pattern and watch strong price action for buy.
Who got that trade? Blue MA is 800. Red is 200. I would consider it to be going up and would continue to look for buys on any pullbacks.
Copper has gone down in a 7 swing fashion. I still expect one more move up to break the high given the corrective nature of this move. When I look at the larger structure, another push up also makes sense to complete a larger expanded flat.
Copper (XCUUSD) is trading within a 1D Channel Down (Highs/Lows = -0.0144, B/BP = -0.0590) after having made a Double Top at 2.8400 (late Sep, early Oct). If the previous 2.6887 Lower Low and 1D support is crossed then HG1! should make a new 2.6600 Lower Low and attempt a break out. Otherwise the Channel Down will make a new Lower High near 2.7800 before it...
Copper looking good for Long entry on Weekly DZ area. 2.88 - 2.96
XCU/USD is looking good for a push higher up. It has broken the 50 and 200 EMA on the 8H chart and is looking strong. Put your SL under the 50 EMA. As long as the 50 EMA on the 8H chart acts strong as support, the long move is active. We can expect Copper to continue its bullish trend higher up. Trade safe.