COPPER trade ideas
Copper - What a bullish run!Copper - where I check is there risk on or off sentiment. Now Copper is an interesting currency technical wise, Will we get pull back as we've reached 161.8 Area. Whilst checking Copper, waiting for pull back before run up - perhaps check other commodities as well such as silver and gold. Long term perspective copper price seems optimistic.
Now remember: This is a trade idea, not a recommendation.
XCUUSD potential bounce!
XCUUSD expected to reverse up to 1st support at 2.85969 where it could potentially react and bounce to its resistance at 1st resistance at 2.97345.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
Institutional Weekly and Daily Supply for CopperDear Family,
I am back with a new chart, the markets overall provided one great opportunity last week, but since banking that setup, not much happened. Patience is
really key in trading, I am more out of the markets than in the markets. Several pairs are shaping up for end this week / next week, one chart I am also looking at
is Copper for a short.
Both the weekly and daily chart are moving towards a clear institutional price area, when this is reached we're all waiting for our 2 type of strategies to develop.
I hope you are finding value in the calls we make, speak to you soon.
Max Nieveld
XCUUSD Long Trade SetupHello Traders
If the current structure is the 4th wave, a running flat should be in the making over the blue trendline and the last top was probably the end of the B wave. What we have after that should be a reversal structure. I'm actually in the trade, but a lower degree reversal pattern after the expanding flat will be a good trade setup for those who want to take a short trade.
Trade with care.
Bulent
Copper XCU/USD (Quietly Rising)View On Copper XCU/USD (4 JULY 2020)
Copper is quietly rising and it shall continue to do so.
Now $2.6 region will become a great support for any pullback as copper price shall rise further toward $2.8 or $2.85 soon.
DYODD, all the best and read the disclaimer too.
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Thank You!
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