"Top and Bottom Analysis" Copper (XCUUSD) by ThinkingAntsOk
4H Vision Explanation:
- Price broke the Descending Trendline and started an up move.
- It has potential to go up towards the Major Resistance Zone at 2,96767, being careful with the Middle Support Zones.
- However, the Bearish Divergence on MACD could be anticipating a Pullback to the broken Resistance Zone that is now a Support Zone.
We are also long in our Weekly and Daily Vision.
Weekly Vision:
Daily Vision:
- Price broke the Descending Trendline and started an up move.
- It has potential to go up towards the Major Resistance Zone at 2,96767, being careful with the Middle Support Zones.
- However, the Bearish Divergence on MACD could be anticipating a Pullback to the broken Resistance Zone that is now a Support Zone.
We are also long in our Weekly and Daily Vision.
Weekly Vision:
Daily Vision:
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.