XCUUSD is facing bullish pressure from 1st support !Price is facing bullish pressure from our first support where we could see a bounce above this level towards our 1st resistance at 3.1809. Ichimoku is also showing support for price.
CPRUSD trade ideas
Copper is facing bearish pressure, potential reversal Price is facing bearish pressure from our first resistance where we could see a drop below this level to our first support target.
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Losses can exceed the initial investment so please ensure you fully
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Copper is facing bullish pressure Price is facing bullish pressure from our first support where we remain bullish above this level. Ichimoku cloud is 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 is facing bullish pressure Price is facing bullish pressure from our first support where we remain bullish above this level. Ichimoku cloud is 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 is approaching support, potential bounceWe caught the bounce nicely from our first support and remain bullish above this level. Ichimoku cloud is 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 is facing bullish pressure We caught the bounce nicely from our first support and remain bullish above this level. Price is facing bullish pressure from our intermediate support in line with our 38.2% fibonacci retracement and horizontal pullback support where we could see a further push up above this level. Ichimoku cloud is 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 Intrady Setup.Copper - Intraday - We look to Buy at 3.019 (stop at 2.999)
We look to buy dips. Dip buying offers good risk/reward. Previous support located at 3.020. Support is located at 3.000 and should stem dips to this area. A move through 3.080 will confirm the bullish momentum. Our outlook is bullish.
Our profit targets will be 3.079 and 3.097
Resistance: 3.080 / 3.090 / 3.100
Support: 3.050 / 3.035 / 3.018
Copper is testing support, potential bounce We caught the bounce nicely from our first support and remain bullish above this level. Price is facing bullish pressure from our first support in line with our 38.2% fibonacci retracement, 127.2% fibonacci extension and horizontal pullback support where we could see a further push up above this level. Ichimoku cloud is showing signs of bullish pressure in line with our bullish bias.
Copper bounced nicely, potential for more upside! We caught the bounce nicely from our first support and remain bullish above this level. Price is facing bullish pressure from our first support in line with our 38.2% fibonacci retracement, 127.2% fibonacci extension and horizontal pullback support where we could see a further push up above this level. Ichimoku cloud is 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 is facing bullish pressure Price is facing bullish pressure from our first support in line with our 38.2% fibonacci retracement, 127.2% fibonacci extension and horizontal pullback support where we could see a further push up above this level. Ichimoku cloud is 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
long on a carry onnot really looking to take this but will be watching to maybe enter at a slight pull back
Copper is approaching support, potential bouncePrice is facing bullish pressure from our first support in line with our 38.2% fibonacci retracement, 127.2% fibonacci extension and horizontal pullback support where we could see a further push up above this level. Ichimoku cloud is showing signs of bullish pressure in line with our bullish bias.
6 month old trend brokenHi All,
Was watching copper climbing, without getting involved.
Seems now the long standing ascending trendline got broken, with a failed retest.
A correction before continuing up or a sell off and will stay down?
What do you think?
Thnx
Jad.
long this time on 20 bouncelooking to take a long here, will maybe even take it after the weekend so we dont get stopped out and pay a holding fee ?
#Copper -New High #XCUUSD #Emobility First positive signal from copper.
New annual high was reached today.
Maybe primary wave 1 of cycle wave III is established.
Best regards from Hanover, Lower Saxony
Stefan Bode
#Copper - Higher High - Position yourself long term #XCUUSDToday, August 19, 2020, the 2019 April high within wave 1 of wave III was taken out of the market. Whoever wants to earn real money in the next few years, as with gold and silver stocks, can now also position himself with copper or its producers.
I introduced a few in the last YT video.
In my opinion, price setbacks should be used for strategic entry or position building.
Greetings to yesterday's participants from Hayek-Club Hannover
Stefan Bode
Copper broke out of resistance, potential for further upside Price is facing bullish pressure from our first support in line with our 23.6% fibonacci retracement, 78.6% fibonacci extension and horizontal pullback support where we could see a further push up above this level. Ichimoku cloud is 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 could see further downside to our first support target Price is facing bearish pressure from our first resistance, in line with our 78.6% fibonacci extension and horizontal swing high resistance, where we could see a reversal below this level, towards 1st support at 2.96299. Stochastic is approaching 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 is approaching resistance, potential reversal!Price is approaching our first resistance, in line with our 61.8% fibonacci retracement and 78.6% fibonacci extension, where we could see a reversal below this level, towards 1st support at 2.85637. Stochastic is approaching resistance as well.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
short againWaiting for another retest of the down trend to confirm we are going to carry on heading down, not a lot of resistance to stop the drop !
Copper (XCUUSD) Bearish Forecast
Copper is retesting a major broken trend line.
currently, the price is trading within an important zone of confluence,
it is based on a horizontal 4h structure, major above-mentioned trend line, and fib.retracements of the last two bearish legs.
chances are high that the price will drop.
target levels:
2.85
2.79
Copper is approaching resistance, potential reversal!Price is facing bearish pressure from our first resistance, in line with our 78.6% fibonacci retracement and 127.2% fibonacci extension, where we could see a further downside from here towards 1st support at 2.92429. Stochastic is approaching resistance as well.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
