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...
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.
Hi traders,
On the XCUUSD we can see a completed bat pattern, which has reached previous structured. A bit late to the party, but the R:RR is perfect.
Entry: 2.53400
Stop: 2.49680
Target: 2.60683 = R:RR 1.96
Best of luck!
Hi traders,
On the XCUUSD chart we can see a potential bearish bat pattern forming.
Entry: 2.61988
Stop: 2.63517
Target: 2.59452 = R:RR 1.66
Good luck guys! I will be updating this chart as time progresses.
Hi traders,
On the XCUUSD 15MIN chart we might have a bearish bat pattern forming. Completion and entry will be at point D.
Entry: 2.68469
Stop: 2.70840
Target: 2.64282 = R:RR 1.77
Best of luck! I will be updating this post as time progresses.
Hi traders,
Potential bullish bat pattern on the XCUUSD 1H chart.
Entry: 2.55386
Stop: 2.51129
Target: 2.62891 = R:RR 1.76
Best of luck! Updates will follow.
Hi traders,
On the XCUUSD we have a potential bearish bat pattern.
Entry: 2.71283
Stop: 2.75308
Target: 2.64231 = R:RR 1.75
Good luck :)! Updates will follow.
![XCUUSD: XCUUSD bullish bat pattern [JUST AN IDEA]](https://s3.tradingview.com/a/aGYIQVk6_mid.png "XCUUSD bullish bat pattern [JUST AN IDEA]")
