INTERMARKET | Copper Suggests Short CATThe normalised chart of Copper (white) vs CAT (orange) would indicate a CAT short is a reasonable equity trade here...
Coppershort
TECHNICALS | Copper's Up-Trend BrokenWhilst diagonal trendlines are geometrically certain to break, they are also rather difficult to trade, looking very obvious ex-post, but hard to pull the trigger on ex-ante. In this case, I am inclined to take the signal given I have traded the vicissitudes of Copper quite well, particularly in the past 6 months.
Copper, another leg up?Copper broke the range it was trapped in on Friday, and I've been long via IVN.TO for roughly a month now.
I'll be buying any dips or retests of the previous range.
As soon as we touch sub 4.50 for IVN i'll be buying.
-Healthy RSI, MACD crossing up on the 1D.
Copper, Double Top Formation and PBOC; Bearish ConfluenceThis probably double top formation alongside PBOC tightening, signals a bearish correction to come.
Good luck,
Ali Sharifazadeh, CFTe
Copper ! Short the pullback !Wait for a sell setup on the yellow zone and go short till 2.32
Regards,
;D
Copper - short - AB=CD and bearish bat patternHi guys, to potential harmonic patterns evolving with structure resistance around completion point. watch for price action to confirm an entry. targets on chart.
trade with care.
Positioning: All Time Highs in Copper Non-Commercial LengthThe risk of a rapid correction is significantly greater with positioning at such extremes!
COPPER AND COMMODITY SHORT: The dollar effectThe bullishness in copper is misguided, in my opinion.
Sustained dollar strength always hurts commodities in the longer term.
The chart shows inverted dollar versus copper.
A big fat juicy divergence, along with likely continued dollar strength due to a structural off-shore dollar shortage, should put pressure on commodities.
Copper MACD Returning from 2 Standard Deviations... Presumably this trend has encountered exhaustion, perhaps it is worthy looking for a short term entry with a stop above the high!?!
Copper Short 2.530 Immediate Target 2.420Entry Price : 2.530
Target : 2.420
SL : Move to breakeven when it goes down.
Wait and Short Copper ..!After a nice Copper setup, we must wait for price entry and follow the rules that are on chart !
Gluck !
Copper’s Rally Does Not Deserve Your TrustOnce wave C is over, a bearish reversal should occur. It seems to be too late to join the bulls now.
Copper _ Bearish Butterfly Pattern.Copper shows very harmonic long term trading potions started from last Jun , wish butterfly will be valid as well.
