Copper
NCZ catching up with the largest Zinc producersNCZ is now somewhere around 12th largest zinc miner in the world so it's worth comparing with the top zinc miners. Chart starts at COVID stock recovery date.
High volatility but catching up.. Can't wait till the announcement of starting to mine Copper in Tasmania.
Will the price reach the green line before the next quarterly earnings meeting? Bets please
HG ( COPPER ) MAKING A TRIANGLEHG ( COPPER ) making a triangle on a Primary degree 4th. We are on a D wave of the triangle. Most probably we finish A wave of D wave as a preferred count (Projected by the black line) and we are coming down to making a B wave. On another side of the analysis as an alternative (projected by the red line)we are on an A wave and we are going upside a little bit and we finish the A wave then we will come for a B wave. Copper take more time to finish the triangle and after that, we can see a new high on an HG for primary degree 5th.
DISCLOSURE - Please be informed that the information I provide is not a trading recommendation or investment advice. All of my work is for educational purposes only. All labeling and wave count have been done by me manually and I will keep changing according to the LIVE MARKET PRICE ACTION. So don't bias, hope on my trade plans. Try to learn Elliott Wave or other strategies and make your own strategy. Following is not that much easy. I am not responsible for any losses if u took the trade according to my trade plans.
#HG #COPPER
HG1! - Copper and CornersSo, is this what means: A market is cornered? ;-)
OK...let's get serious...they observe us hehe...
The very old top acts as a perfect resistance.
Now, focus on the white pitchfork.
The market overshooted the U-MLH (upper line). This is a huge stretch. In fact, if the power where there, price had to go to the next extension of the Pitchfork. But so far it mised it (HAGOPIAN) and it's just dancing on the U-MLH.
What does this mean?
It means, that
a) the potential to take off is still in place
b) the market could tank very hard and reaching at least the white centerline. The extended version of a target is simply the grey centerline.
Anything else?
Jep, Santa is comming! §8-)
Copper Long Idea After Copper managed to rise to the 4.775 area in late october, the price has been range bound and in a slight downtrend. Price has been trading between 4.19 and 4.50 since this time, Copper is currently trading at 4.294 and appears to be moving to up to potentially retest the 4.42 area and beyond. The RSI indicators on the 4hr chart are around oversold terrorties at 37, but its the price action that has formed on the trend line that indicates to me other buyers are looking to go Long from this point. Since the 17th of Novemebr the price has been forming higher lows and respecting the upwards trend line. The stop loss area for this trade is at -2.45%, around the 4.195 area.
$LODE sniper edition #5*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
Recap: My team entered $LODE on November 8, 2921 at $2.25 per share and plan to take profit at $3.00
My team averaged down on our position today at $1.60 per share bringing our share average down to $1.92.
!!This is a high-risk trade. Proceed with caution!!
OUR FIRST ENTRY: $2.25
OUR 2ND ENTRY: $1.60
TAKE PROFIT 1: $3.00
TAKE PROFIT 2: $4.50
If you would like to see more, please like and follow us @SimplyShowMeTheMoney
COPPER Buy signalPattern: Channel Up on 1D.
Signal: Buy as the price is rebounding on the Higher Lows (bottom) trend-line of the Channel Up while the MACD just formed a Bullish Cross.
Target: 4.980 (the 1.236 Fibonacci extension).
--------------------------------------------------------------------------------------------------------
** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
--------------------------------------------------------------------------------------------------------
Copper Triangle BreakoutCopper had a triangle breakout few days ago, it is providing a long entry again as the price is currently retesting the breakout post having a minor correction. Risk reward remains highly favorable given the current setup.
BTCUSD Can Turn Into Pullback; + GOLD/COPPER and SP500 Charts Hey traders.
It's been a while since I looked at BTCUSD so here is my take.
BTCUSD has 5 up, correction can be seen
BTCUSD volatility is at the low; an increase usually occurs when price drops
GOLD/COPPER ratio is at support; rally will suggest limited upside for stocks
Lower stocks may trigger a weakness on Crypto.
For more details, please check the video.
I would appreciate if you leave me your feedback in the commentary below.
Take care,
Grega
Copper Long EntryCopper has Fallen in price towards a key support level as well as a trend line that has been respected multiple times. The RSI levels are also in oversold conditions at the moment, with all of these factors in play it seems likely that the price will go up from here. The targets for copper to the upside are at the recent highs of 4.4420 which is a heavy liquidity zone. The stop loss area for this trade is at a recent low of 4.052.
COPPER (XCU/USD) – Week 46 – Heading towards the resistance.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; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
XAU/USD GOLD Playing out Massive 10 Year Cup and Handle! The gold chart is setting up a beautiful cup and handle since 2011. The target is around $3700 for the measured move of the cup but I dont think it will stop there, I think it will probably continue to run up for years. Indicators on the monthly are about to tear upward in a big move. Gold luck and happy trading. Thank you for checking out my charts and if you have a chart you want me to analyze then let me know. Not financial advice, just what Im doing.