Hi traders, On the XCUUSD we have a potential bearish cypher pattern taking shape. Entry: 2.79619 Stop: 2.83339 Target: 2.72221 = R:RR 1.99 Good luck traders
If this fails, I am still looking to take the larger purple bat.
Will watch price closely at .786 of the larger move, and am looking to enter at the completion point (D) as long as no warning signs for the pattern present.
Hi traders, On the copper we have a potential bullish bat pattern on the 4H timeframe. Entry and completion at point D. Entry: 2.62001 Stop: 2.58409 Target: 2.70708 = R:RR 2.42 Good luck traders!
Hi traders, On the copper we have a potential bearish bat pattern taking shape. This pattern will complete at point D. Entry: 2.81352 Stop: 2.83486 Target: 2.76646 = R:RR 2.21 Good luck traders!
Mostly everything is shown in the chart. Shorts seem risky...I'm gonna need to think about it! Please share your thoughts and/or ideas below! Also please keep in mind I am very much a novice and these are just my own ideas :)
I am looking to enter a very small risk long based on the small (pink) AB=CD pattern shown in the chart. If that trade fails, I will be watching the PRZ of the larger blue AB=CD pattern between 2.555 and 2.589. Feedback and comments are always appreciated
It seems copper couldn't break out of the longer term sideways consolidation and has now broken the uptrend line and is forming nice bearish flags. This looks to me like it will be another good trade upon the breakout of the trendline if it also meets certain other criteria (like impulse on the lower time frames and no bullish impulses before then). If you have a...
in todays trading sessions we will be looking only Long opportunities , until we have nice support area nea 2.5500
Hi traders, On the XCUUSD we have a potential bullish bat pattern taking shape. Entry and completion at point D. Entry: 2.58293 Stop: 2.55176 Target: 2.64976 = R:RR 2.14 Good luck guys! Updates will follow.
Hi traders, On the XCUUSD we have a potential bearish bat pattern forming. Entry: 2.72633 Stop: 2.76673 Target: 2.59780 = R:RR 3.18 Good luck guys! Updates will follow.
We can see a double top with 2 nice pinbars at an expected level of resistance. Note that this level is the .618 retracement level of the last larger drop as well. The RSI looks as it may be coming out of overbought and we are near the 1.618 extension of the last move up. Please do not use this as a trade signal. I am still learning much about trading and I do...
This is just to publish and keep it in the history the labelling an look back 1-2 year from now :) As you may know the weekly chart is un-tradable for us... switch to lower TF for setup.
Hi traders, On the XCUUSD we have a completed bullish bat pattern. I'm entering long at current market price. Entry: 2.47769 Stop: 2.46293 Target: 2.50853 = R:RR 2.13 Good luck guys! Updates will follow.
Hi traders, On the XCUUSD we have a potential bullish bat pattern forming on the 1H. I'm taking this opportunity based on the higher timeframe outlook, hence the massive target. Entry: 2.44530 Stop: 2.39998 Target: 2.57719 = R:RR 2.91 Good luck :)!
The price of copper is a good proxy for economic activity and hence the health of the global economy. Am tracking the price of copper for signs of a an economic rebound in the days ahead. My guess is the breakout in price is just a blip and prices of copper will soon fall to lower levels as we head into the new year.