Copper Futures
Hi there Copper is setting up for crash watch for sharp breakdown and look for sharp sell off. Good Luck
Trade Idea: Buying Copper Reasoning: Copper oversold and trading at a key 50% Fibonacci retracement level Entry Level: 3.5079 Take Profit Level: 3.6428 Stop Loss: 3.4763 Risk/Reward: 4.04:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved...
mind the optimism. last couple of days is only the move back to the 8-month trend line and 12-month movAVG. spring/summer target around 300
We have seen an impressive bull run on Copper and Copper stocks over the past few months, my calculations / analysis shows that this may now be coming to an end and we should expect a short - term sell off on Copper and Copper stocks in the next coming weeks. Copper (XCUUSD) will be entering a correction in the second quarter of 2022. At the current price,...
I would like this idea on my public profile only, I don't mind if it's not in the trading view ideas section.
Retest of previous support now turned resistance. Looking for 3.6%.
What's driving copper right now? Is this anticipation of worldwide inflation or something? I can't make sense of this. Is this related to oil? Someone helo me.
flat pattern assumption, expecting the next leg. Copper price has been ranging for a while.
if copper/gold ratio breaks up from the current consolidation, US10Y will need to catch up by speeding the up move, which may cause an additional crunch on financial markets, squeezing all unyielding assets, unprofitable investments.
On 2005-2006, copper went up 82% right after in 57 days (topped at just above 4$).
In the coming week, we anticipate the price to reach the resistance area highlighted on the chart. We expect this move to have corrective nature. Trade with care. Best regards, Financial Flagship Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading;...
Copper 2nd touch fib 0.618 and able to hold by the structure, can long now. Aim 5.00
In the coming days, we are expecting the pair to start a consolidation that has the potential to the resistance level. Trade with care. Best regards, Financial Flagship Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and...
confluence support level Retest trend line Retest horizontal support Retest double bottom break out RSI diverging 1H &4H
In our last week’s analysis, we anticipated the pair to finish the consolidation and make a new top. Instead, the price made a deeper than expected pullback. For next week, we could see a bullish move developing, at least for correction. Trade with care. Best regards, Financial Flagship Disclaimer: The analysis provided is purely informative and it...
In our last week’s analysis, we correctly anticipated the pair to pullback. For next week, we foresee the pair finishing the consolidation and making a new top. Trade with care. Best regards, Financial Flagship Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you...
In our last week’s analysis, we correctly anticipated the pair to continue the uptrend. For next week, we foresee the pair making a small pullback towards the support and break the top. Trade with care. Best regards, Financial Flagship Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you...
Copper confirmed a daily breakout of a flag pattern. Great follow through today. Next resistance comes in at previous highs of 4.80, and then likely new highs after that. Potential retest of the trendline breakout is possible. Just normal breakout market structure. This chart interest me because it is very similar to Oil a few months back. And look what...