New trading strategy upgrade - CopperH traders, this is my personal trading idea only. Please give an AGREE/ LIKE if you agree with my TRADING PLAN. My chaos drawing is not to predict and guess the further, it is my plan where we are on the chart and how we shall trade on what we see. My trading strategy is Price Auction - PA using Price movement only, your comments are highly welcome. Trade well & Good luck guys.
CPRUSD trade ideas
New trading strategy upgrade - CopperI am still expecting the price will drop sharply in the near further towarding a new lower low.
Hi traders, this is my personal trading idea only. Please give an AGREE/ LIKE if you agree with my TRADING PLAN. My chaos drawing is not to predict and guess the further, it is my plan where we are on the chart and how we shall trade on what we see. My trading strategy is Price Auction - PA using Price movement only, your comments are highly welcome. Trade well & Good luck guys.
copper curve lineMost copper is used in electrical equipment such as wiring and motors. This is because it conducts both heat and electricity very well, and can be drawn into wires. It also has uses in construction (for example roofing and plumbing), and industrial machinery (such as heat exchangers).
Copper Hrly long | Algorithm Trades | Bifrost TradesCopper hrly long
⚠️ half risk due to lack of trend
buystop @ 4.3217
TP #1 @ 4.3585 80.65% wr
TP #2 @ 4.3976 54.84% wr
SL @ swing low 4.2900 16.13% hr
WR and HR determined from past trades.
See more trades like this on my profile or Bifrosttrades.com
COPPER LOOKS BEARISH ON INTRA-DAY - Elliott waveWe are tracking a big impulse to the downside, from the 4.58 lvl. on COPPER. Red waves 1 and 2 are completed, so current price action from 26th of January can be a big wave 3 in the making, with its five-wave substructure, and can target the Fib. ratio of 1.618, where support can be seen.
Intra-day price activity suggests a minor correction in action (iv), which can look for resistance at the fib. ratio of 0.382/0.5, from where a final leg lower for a sub-wave iii of 3 may show up.
a classical pattern in copper cfdwell as u see i used only one brush to describe my idea . i can see a support area with many lows. then market made a high that shows strength of bulls .in its last lows u can see a head and shoulders . well it might be a start for a rally. for trading i gonna wait for a correction if holds neckline it will be great.