Metal bulls aren't well versed on the history of metal spoofing and the reason they do it, vault insurance limits. Allow me to educate you.
www.justice.gov
“With this verdict, the Department has secured convictions of ten former traders at Wall Street financial institutions,
including JPMorgan, Bank of America/Merrill Lynch, Deutsche Bank, The Bank of Nova...
Electric Batteries have to continue to be produced, and Nickel is needed more than ever.
and remember:
Even a small amount of nickel can be critical in delivering resilience and enabling successful deployment of clean technologies. Take hydro-electric for example. Even though nickel is indicated to be of low importance (low quantity) in hydro-electric, its use is...
Trends to watch in 2022. Charts trending hard which is my favorite kind of chart, possibly could be good into the next few years...
Battery Metals copper and nickel looking very bullishly trendy. Might be worth a look for 2022 and even into the next few years.
My bias is to short Nickel but as of now there is no confirmation yet. Only fact is it has hit highest possible resistance. Will wait for my confirmations.
Nickel price action chart.
It is trading near intraday support zone.
From current level bounce back is expected.
Risk traders can bet
Stop loss will be 1750
Broadening Triangle breakout in Nickel, as per the pattern formation Rs. 1800 is the expected target for the medium-term, Support is now likely to be at Rs. 1530
Hello my beauties.
This is my idea on Nickel. Uptrend is prevailing and the price stopped to reaccumulate.
If you find this idea to be helpful like, follow, and drop a comment below if you'd want me to analyse a different pair.
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Peace.
Luca, TrickleDownFX
