Copper - 26/04/2022the push higher than 5.04 will let us expect that wave 3 of (5) is in play, on the other side the move lower than 4.28 will let us expect that the larger flat correction in wave ((2)) started
Copper
A long term look at Hot Chilli ASX.HCH CopperA long term look at Hot Chilli ASX.HCH Copper
16/07/2010 to 13/04/2011 saw 344% increase from $8.025 to $35.66
peaked again in Feb 2012
and peaked again in Jan 2013.
then long decline through to 2019.
AUMN - The Best 3-Year Setup I've Ever SeenIMO, Golden Minerals, AUMN , has arguably one of the best and most bullish setups I have ever come across. It will be fun watching this one play out. Amazing risk/reward play with easy invalidation levels as well to protect yourself in this trade.
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Copper Sell (Short term)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, potential downside is about 22%. My first target for this quarter is $4.09/lb and $3.51/lb is the 'final safe' at which further analysis will be made available.
DISCLAIMER: This is purely educative content and must not be taken as investment advise.
Good luck
COPPER 25th APRIL 2022The world's demand for Hg/copper is reduced from the previous weeks, this could lead to a correction in copper prices.
there are sentiments to consider for trading COPPER. I usually use 2 sources to see the sentiment of big players:
1. LME : London Metal Exchange is a futures and forwards exchange with the world's largest market in standardized forward contracts, futures contracts, and options on base metals. The exchange also offers contracts on ferrous metals and precious metals.
www.lme.com
2. CFTC : Commodity Futures Trading Commission is an independent agency of the US government created in 1974, that regulates the U.S. derivatives markets, which includes futures, swaps, and certain kinds of options.
www.cftc.gov
It can be concluded that copper tends to be bearish for correction in the short term , but in the long term it still tends to be bullish .
1. Interest in the LME has decreased slightly from 684k to 675k: as in the theory of supply and demand, when goods are not in demand, prices will fall.
2. Contracts on metal trading on the CFTC tend to be more short contracts for the short term.
3. price breakout on the daily time frame, target to the next support level
Copper: Classic Trend-Following Setup
Copper is trading in a strong bullish trend.
Since the middle of March, the market was consolidating within a horizontal trading range.
The market broke and closed above its upper boundary yesterday.
Now I expect a bullish continuation to 855
❤️Please, support this idea with like and comment!❤️
Copper Futures ( HG1!), H1 Potential for Bearish DipType : Bearish Dip
Resistance : 4.7890
Pivot: 4.7740
Support : 4.7375
Preferred case: We see the potential for a bearish dip from our pivot at 4.7740 in line with 138.2% Fibonacci extension towards our 1st support at 4.7375 in line with 38.2% Fibonacci retracement and 61.8% Fibonacci projection.
Alternative scenario: Alternatively, price may break our pivot structure and head for 1st resistance at 4.7890 in line with 161.8% Fibonacci extension.
Fundamentals: No major news.
Copper Futures ( HG1!), H1 Potential for Bearish DipType : Bearish Dip
Resistance : 4.7660
Pivot: 4.7370
Support : 4.6840
Preferred case: We see the potential for a bearish continuation from our pivot at 4.7370 in line with 78.6% Fibonacci retracement our 1st support at 4.6840 in line with 50% Fibonacci retracement and 78.6% Fibonacci projection.
Alternative scenario: Alternatively, price may break our pivot structure and head for 1st resistance at 4.7660 in line with 61.8% Fibonacci projection and 138.2% Fibonacci extension.
Fundamentals: No major news.
Copper Futures ( HG1!), H1 Potential for Bullish BounceType : Bearish Dip
Resistance :4.7220
Pivot: 4.6690
Support : 4.6145
Preferred case: We see the potential for a dip from our pivot at 4.6690 in line with 38.2% Fibonacci retracement and 78.6% Fibonacci projection towards our 1st support at 4.6145 in line with 78.6% Fibonacci projection and -27.2% Fibonacci expansion. Our bearish bias is supported by price trading below the Ichimoku cloud indicator.
Alternative scenario: Alternatively, price may break our pivot structure and head for 1st resistance at 4.7220 in line with 61.8% Fibonacci retracement and 100% Fibonacci projection.
Fundamentals: No major news.
Jamie Gun2Head - Selling the Retest on CopperRetest of previous support now turned resistance. Looking for 3.6%.
Copper Futures ( HG1!), H1 Potential for Bearish DipType : Bearish Dip
Resistance :4.7220
Pivot: 4.6690
Support : 4.6145
Preferred case: We see the potential for a dip from our pivot at 4.6690 in line with 38.2% Fibonacci retracement and 78.6% Fibonacci projection towards our 1st support at 4.6145 in line with 78.6% Fibonacci projection and -27.2% Fibonacci expansion. Our bearish bias is supported by price trading below the Ichimoku cloud indicator.
Alternative scenario: Alternatively, price may break our pivot structure and head for 1st resistance at 4.7220 in line with 61.8% Fibonacci retracement and 100% Fibonacci projection.
Fundamentals: No major news.
hindustan copper chart futurehc future chats on hourly basis.closing above 121.5 target open for 126.
hindustan copper chart hindustan copper daily chart forming diamond pattern closing above 126 target open for 136,148,165 & ath
copper update - 03/04/2022looking higher in wave (3), critical support at 4.4685, key levels to note 4.82 - 5.03
HGK2022 (Copper Futures) | H1 Bullish PressureType : Bullish Pressure
Resistance : 4.8270
Pivot: 4.7060
Support : 4.6830
Preferred Case: Price is near pivot level of 4.7060 in line with 61.8% Fibonacci retracement. Price can potentially rise up to the 1st resistance level at 4.8120, in line with 138.2% Fibonacci extension and 61.8% Fibonacci projection. Our bullish bias is further supported by the stochastic indicator where it is at support level.
Alternative scenario: Price might also dip towards the 1st support level of 4.6830 in line 78.6% Fibonacci retracement and 78.6% Fibonacci projection.
Rising wedge formation #CopperA rising wedge seem to be developing on the 4h approaching the upper boundary at a key level of resistance
Once price gets to the upper boundary we have a high probability bid goin' short
Copper Futures (HGK2022), H1 Bullish BounceType : Bullish Bounce
Resistance : 4.8060
Pivot: 4.7385
Support : 4.7020
Preferred Case: Price is near pivot level of 4.7385 in line with 50% Fibonacci retracement and 61.8% Fibonacci projection. Price can potentially bounce up to the 1st resistance level of 4.8060, in line with 100% Fibonacci projection and 127.2% Fibonacci extension, along with a graphical swing high resistance. Our bullish bias is further supported by price trading below the Ichimoku cloud indicator.
Alternative scenario: Price might continue to drop towards the 1st support level of 4.7020 in line with 61.8% Fibonacci projection.
Fundamentals: No Major News
HGK2022 (Copper Futures) | H1 Bullish PressureType : Bullish Pressure
Resistance : 4.7730
Pivot: 4.7000
Support : 4.6415
Preferred Case: Price is near pivot level of 4.7000 in line with 50% Fibonacci retracement. Price can potentially rise up to the 1st resistance level at 4.7730, in line with 78.6% Fibonacci retracement and 78.6% Fibonacci projection. Our bullish bias is further supported by the stochastic indicator where it is at resistance level.
Alternative scenario: Price might also dip towards the 1st support level of 4.6415 in line with a graphical swing low support.
Fundamentals: No Major News
2D Copper chart shows that Dr. Copper is still in down trendCopper is an indicator of world economy, during recession period it goes down along with the stock market. Copper peaked in last few days while the stock market around the world was falling or extremely volatile. However in 2 Days time frame it does clearly shows a pin bar which was a Lower High in series of Lower Lows and Lower Highs. I think copper may continue its down trend if the war situation starts affecting world economy.
how to profit from higher yieldsthis chart shows, how the moneyallocation rises while the fed highers yields.
The setup in RSI and the actual chartpattern has high similarities to the copper chart 2006, when Copper broke through a resistance and made exponential returns.
Now copper is again at a resistance, if it breaks through, we might see some crazy gains again.
COPPER, THE MATERIAL THE FUTURE IS MADE OF, MACRO TRADESee chart. COPPER on the verge of a multi DECADES break out. I cant see any better long term investment.
EVERYTHING ABOUT ENERGY IS MADE OF COPPER.
Every single TESLA will use lot of copper.
Every Internet of Things will be made of copper.
Semi-conductors.. shortage? it rhymes with copper shortage as well!
Hell even BITCOIN is basically copper made.
And guess what... copper is not that easy to dig as well.
Join the beautiful people club, trade commodities, trade COPPER!
Target= multi years returns, no target, just a long term holding.
PS: Dont expect it will double in one night, it wont! Follow the dollar to buy the dips.
Baroda Extrusion Limited, manufacturing of copper finished goodsIncorporated in 1993, Baroda Extrusion Limited is into manufacturing of copper finished goods, extrusion products, its job work and trading in ferrous and non ferrous metals.
