#COPPER mcx -12TH MAY 2021- HOURLY TRADE- COPPER IS TRADING ABOVE THE WEEKLY SUPPORT AND TREND LINE SO WE WILL BE LOOKING FOR THE BUY OPPORTUNITIES NEAR 794 AND SL WOULD BE AT 787 AND TARGET 822 , TRAIL SL, TRADE CAUTIOUSLY.
Buy abv 671.xx-672 stop 667 tgt 677-681-684-694-697.. I dunno at which level it will revert, but it's a buy, aggressive traders can enter ABC 668.1 with stop 663.
I am not good at explaining...
Plz trade at your own risk, this is not any trading advice or trade suggestion.
Copper has respected the resistance zone and now have broken the trendline.
If after retesting of the break point zone it shoes bearish signal can further come to the marked green zone.
This is just for educational purpose.
☑️Copper is outperforming massively
With +119% growth from the recent lows
And The uptrend will continue in future
Therefore, I would be aiming to add copper to my portfolio
At a good price, thus, I will be looking at a long trade
From the area I identified on the chart!
✅Like and subscribe to never miss a new idea!✅
I think its reached the resistance zone.
Plz check and suggest if right or wrong markings. Kept stop at red dotted line entered @ lower green line/ supply zone bottom
I dunno target...zzz