Copper

Hi guys, Copper looks like a buy. There has been a nice corrective movement since the last bullish impulse leg. I am expecting a 3 wave move here, or a measure move of the previous wave 1 impulse. Best regards, Tom_Killick

We saw an easy break in the 50 MA and on the clouds first level. We are now seeing resistance within the cloud and a rejection of the 100 MA, if we see a break in that level is is a short from here on out. --------------------------------------------- CTF - COPPER -0.13% Chart timeframe - 4hr Area of interest - 2.67 , 2.58 Potential target 1 - 2.62 ...

Hi Guys, this looks like a nice long term sell setup . Trade with care . Thank you for your support .

Copper edges lower from fresh 3-month highs at 2.717. The pair finds strong support at 2.675 (converged 5-DMA and trendline), weakness only on break below. Technical studies are bearish on 4 Hour charts, RSI and Stochs have rolled over from overbought levels and MACD is showing a bearish crossover on signal line. Break below 2.675 could see drag till 2.634 (1H ...

Copper Making the Next Push to 2.90

Strong support $2.65 wait for confirmation.

Copper seems to have created a wedge out of the downtrend channel, will be interesting!

HG

I believe that successful trading strategies rely heavily upon identifying consolidation zones. Consolidation zones provide us the right direction of the market. Consolidation happens when a market move sharply upside or downside. Later, a trader can use these consolidation zones to identify patterns, whether it be a continuation or reversal. It requires ...

Copper has broken above major trendline resistance at 2.625, bias higher. The pair has broken above daily cloud top which is now holding as good support. The pair has also closed above 100-DMA on last Friday. Technical studies support further upside in the pair, scope for test of 61.8% Fib of 2.822 to 2.472 fall at 2.688. Bullish invalidation on close below ...

Hi traders, Keep an eye on this one for next weeks trading. Technicals showing potential for strong upside, so use your tested trading strategy to find the optimum buy. If you don't know the entry and exit levels, you are NOT yet ready to trade. Best, Tom_Killick

Copper might have finished the wave (4) mid-term flat correction. https://www.tradingview.com/chart/COPPER/MMqlcRDq-Elliott-wave-analysis-on-copper-2016-12-30/ Wave (5) might start from here. The target should be similar with wave (1) (sorry I labeled (A) before) because we have an extended wave ...

I think we are in a wave 5 on Copper. Possible target of 2.937 around the 1.272 extension of wave 1 starting from the termination of wave 4.

very nice short setup is there, watch price action on 25 min tf for entry

Copper has been struggling to break past 20-DMA from the past couple of sessions. We see slight bullish divergence between price action and RSI which has raised scope for upside. Technical studies are neutral for now, RSI and Stochs are biased north. Break above 20-DMA with RSI rise above 50 could add upside momentum. Price action was rejected at lows on ...

Double bottom around channel boundary

is high, wait for rsi to get low <30 and tsi low

After the amazing bullish run late last year Copper has been consolidating. I am now getting ready for the possibility that the correction is soon to be completed and looking for long set-ups. This wave count is by no means an expert wave count or meant to be exact but conveys my idea that there was a motive wave followed by a three wave correction (labeled ...