CPRUSD trade ideas
Copper is facing bearish pressurePrice is facing bearish pressure from our first resistance and descending trend line, where we could see a further drop below this level. A break below our downside confirmation level at 2.77082 could provide the bearish acceleration to our first support target. RSI is facing bearish pressure as well.
Copper. P-Modeling Pt 1. Cajun Copper of the Black SwanWelcome Hyperspace Traveler..
A Bare Bones Simpleton Chart..
Please see the Baseline Snapshot.
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We just confirmed Mirror of 2008.
Major Crash Incoming, follow the laid fractal.
Thanks for Pondering the Unknown with Me,
Glitch420
Copper takes a huge breather for springboardCopper want's to take some decision about further move and gets on the rim of springboard: danger zone, probably some nose dive short, be nimble, if barrier 2,9045 can not hold
XCUUSD potential reversal!
XCUUSD expected to rise up to 1st resistance at 2.89410 where it could potentially react off and drop down to 1st support at 2.77443.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
Copper - in corrective modeCopper has moved down from resistance at 2.95 and is presently trading close to the monthly pivot.
A counter trend trade could be considered , as outlined on chart....
The Dropoff ?Friday's second last candle is the longest 4Hr candle since March, impressive. At this rate it could just go through the diagonal trendline and down to support at 2500. That would be a 50% retracement from the March bottom, and the same length as the January move.
Will be interesting to see how it goes on Monday's Asian session especially.
Just observations.
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“60 percent of the time, it works every time”
Brian Fantana
XCUUSD reversed from resistance, potential drop!
XCUUSD reversed off its resistance at 2.91817 where it could potentially drop further to 2.82579.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
XCUUSD potential reversal!
XCUUSD expected to rise up to 1st resistance at 2.93065 where it could potentially react off and drop down to 1st support at 2.86589.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
Copper ! Analysis for next few days.
Possible short from current price. Target is about 8.8200
Every analysi has a limit.
Good Luck.
XCUUSD reversed from resistance, potential drop!
XCUUSD reversed off its resistance at 2.89322 where it could potentially drop further to 2.83404.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
XCUUSD potential reversal!
XCUUSD expected to rise up to 1st resistance at 2.93167 where it could potentially react off and drop down to 1st support at 2.83404.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
XCUUSD to reverse from downside confirmation, potential drop!
XCUUSD to reverse from its downside confirmation at 2.82960 where it could potentially drop further to 2.70502.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
Copper - Short Idea.Well would you look at that! You guys can figure out where to put your stop, this is a very clear signal:
- daily Shooting Star
- HeatMap signalling Bear
- Price at a major line in the sand $3
- Price hitting major resistance.
That's it, that's all.
What a day in the markets...for this bear, it was nice.
XCUUSD: Selling the pull backAfter 3 weeks of consolidation, price finally make a breakout to the downside with a D1 bearish candle. Notice that this candle is the strongest D1 move in the past 3 weeks. Will be looking to go SHORT on pull back.
DISCLAIMER:
Any opinions, analyses discussed in this presentation are just my personal opinion and do not constitute investment advice.
I do not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
PRICE ACTION only tell half the story. The other key half is VOLUME. For VOLUME drive price.
Doctor copper Despite the bottom dropping out of the dollar in the last week or so doctor copper seems to be stuck. A close below the current level on the daily chart will likely lead to more downside. This would also be a good indication of where the rest of the market is headed.
Not trading advice. Just some more brain farts. Enjoy :)
!Copper Long Position Update from Signal Given Jul 6thAs the American dollar continues to devalue, I remain long gold , commodities , and all of the other things that should should be invested in during one of the first--and possibly worst--stagflationary economic transitions in history here in the United States.
Well done to all that took this trade with me! 💸
13:26:26 (UTC)
Fri Jul 31, 2020
XCUUSD bounced from support, potential for a further rise!
XCUUSD bounced off 2.90362 where it could potentially rise further to 2.97147.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
XCUUSD bounced from support, potential for a further rise!
XCUUSD bounced off 2.86093 where it could potentially rise further to 2.97147.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
