It is no rocket science that copper has been plummeting down but the question is 'when can we expect a trend reversal to the bull side?' Well here is my chart on this, the yellow lines represent areas i was looking at for downtrend to complete so i can buy in. Now i have bought in a position at target 2, which is the middle yellow line as i believe we have likely...
Too tired to go into details but yellow line are areas to buy at once/if hit and if you know anything about charting then my chart should be understandable without in-depth explanation. Actually also had a yellow line at 67.57 and removed it, not sure why i did that as it was significant to my intraday trades today that profited me, so imagine a yellow line drawn...
I advised someone some hours ago who posted a chart to buy up. They had a well drawn out chart of Elliott wave butterfly and suggested a buy. Now i long stopped drawing out Elliott due to the subjectiveness of it but saw a resistance straight away at a level by simply looking at past actions and fractals method. I suggested they do not put in that buy order at the...
Been doing some research the past week to test different tools to read this market and so far ichimoku and the CM_ULTIMATE_... (long name, created using combo of multiple tools) work the best.... Also i see the MACD helps along too but most definitely not needed but helps confirm signals but not as good as the other 2 on this market imo. Entered the market a...