Get started

Shortterm

Copper Wyckoff distribution idea!Hello my beauties. The arrows don't reflect an accurate prediction of what the price will do, just a rough idea of the areas that I'm expecting the price to move towards. For all the ones that have taken the trade already, good job! Copper has just entered a phase of distribution and I want to profit from it while it's rangebound. I will be long until the price reaches above the Buying Climax (BC). If you find this idea to be helpful like, follow, and drop a comment below if you'd want me to analyse a different pair. Consider supporting me if you think I am providing you with value. Peace. Luca, TrickleDownFX
COMEX:HG1!Long
by TrickleDownFX
Descending ChanelIts possible we see price break above the channel and print a bullish flag which then will go and retest 48-50k in my opinion. The likelihood that this will fall below where are now depends on many things that can occur at anytime including the news and whatnot. I am seeing buying volume increasing which may indicate that bulls are getting their confidence back to fight the bears back but it seems that bears wait at key levels to destroy momentum in anticipation of a lower low and possibly into the 40k's. I have seen this pattern before during the covid drop and the drop from 10k that caused my Binance platform to malfunction due to the liquidations. In either case, the price recovered from a point ABOVE the huge red wick that we are seeing here now. Also, the Spent Output Ratio is showing green ticks so this price can't be too bad.
COINBASE:BTCUSD
by Divineraze