More room for growth in copper?I believe Copper might continue to win as the markets go down. Let's see.
This is not financial advice please consider your own Due Diligence and Risk Management.
COPPER trade ideas
XCU USD SELL (COPPER - US DOLLAR)Hi there. Price is forming a continuation pattern to the downside. Wait for the price to complete the pattern and watch strong price action for sell.
Copper on stage for a declineCopper forms an ascending triangle; some patience is needed for break the purple support line; below some large spec. are stunning around because of overdone long. Act on your own opinion
Copper is approaching resistance, potential reversal!Price is facing bearish pressure from our first resistance, in line with our 50% fibonacci retracement, horizontal pullback resistance and 127.2% fibonacci extension where we could see a reversal below this level. Our 20 period EMA and Ichimoku cloud are showing signs of bearish pressure as well.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks
Copper is facing bearish pressure, potential reversal!Price is facing bullish pressure from our first resistance where we could see a reversal below this level to our first support level.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks
short on trend breakIve taken a small short on this as with the moving average cross over and break snd retest of trend think its time to take a short
Copper is facing bullish pressure, potential bounce! Price is facing bullish pressure from our first support in line with our ascending trend line, horizontal swing low support, 127.2%, 61.8% fibonacci extension and 61.8% fibonacci retracement where we could see a bounce above this level to our first resistance level. Stochastic is approaching support as well.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks
Copper is testing support, potential bounce! Price is facing bullish pressure from our first support in line with our ascending trend line, horizontal swing low support, 1.272% fibonacci extension and 61.8% fibonacci retracement where we could see a bounce above this level to our first resistance level. Stochastic is approaching support as well.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks
Copper could see a pullback to test support Price is facing bearish pressure from our first resistance in line with our 78.6% fibonacci extension and 127.2% fibonacci retracement where we could see a reversal below this level. Stochastic is facing bearish pressure from our resistance as well.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks
Copper ShortShorting Copper soon.
Copper has been in this channel now for some time.
I am sure we will bounce of the upper limit and continue back down to the bottom of the channel.
If not I will wait for a BCR above and the take a long.
Disclaimer: I am still testing my strategies. Not all trades Ideas I post will result in live trades. They might be tested on demos accounts.
Please share your Ideas with me and I am always open to positive criticism.
Remember to use risk according to your appetite.
Thanks for Checking out this Idea.
Copper/Dollar : Long Copper & Short DollarBoth Copper and Dollar index are showing breakout and breakdown respectively on monthly timeframe.
Markets have too much liquidity and with Copper breaking out means it is signalling growth and inflation.
And growth on one hand is good but inflation at this time when liquidity is at its max in history might pose problems for FED.
Are interest rates about to rise in next 6 months ?
Copper is facing bullish pressure, potential for further upside Price is facing bullish pressure where a clear break of our upside confirmation level could provide the bullish acceleration to our first resistance target. Ichiomku cloud is also showing signs of bullish pressure in line with our bullish bias.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks
Copper in all new technologyIn the other side, the copper who is in all new semi-conducteur, all new technology...
What do you think?
Copper bounced from (Intermediate) support, potential for a furtCopper bounced off support at 2.98025 where it could potentially rise further to 3.02015.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks
Copper is approaching support, potential bouncePrice is facing bullish pressure from our Ichimoku cloud where a break above our upside confirmation level could provide the bullish acceleration to our first resistance target at 3.09717
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks
Copper is facing bullish pressure, potential for further upside Price is facing bullish pressure from our 20 period EMA and Ichimoku cloud where a break above our upside confirmation level could provide the bullish acceleration to our first resistance target.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks
Copper broke resistance, potential for further bounce! Copper broke its descending resistance trend line and is facing bullish pressure from our Ichimoku cloud and EMA where a break above our upside resistance could see a push up to our first resistance target at 3.09717
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks
Copper is facing bearish pressure from resistance! Copper is approaching our resistance at 3.00544 where it could potentially drop further to 2.88732.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Copper remains under bearish pressureCopper reversed off its resistance at 3.03006 where it could potentially drop further to 2.97316.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Short-Term Swing OpportunityDr. Copper probably has a secular correction. The metal traced a textbook triangle.
It looks like a short-term bullish swing trade towards 3.30 until the wheels come off in Shocktober...
