#ZINC FUT SUPPLY ZONEZINC futures are financial contracts that allow traders to buy or sell zinc at a predetermined price and date in the future. These contracts are traded on commodity exchanges and are used by investors to hedge against price fluctuations or to speculate on the price movements of zinc.
ZS1! trade ideas
#ZINC FUT DEMAND ZONEA Zinc Futures Demand Zone refers to a specific price level or area on a chart where buying interest in Zinc Futures is significantly strong, leading to a potential reversal or pause in a downtrend. This concept is widely used in technical analysis by traders to identify key levels where the price of Zinc Futures might find support and reverse upward. Demand zones are critical for traders looking to enter long positions at favorable prices.
ZINC - Seems it breaks monthly supportThe lanted green support line has a crack.
It's a first indication of a turn in mid-term trend.
Long term Medianline view on ZINC shows that price is battling at the L-MHL. If we get a weekly close and new open below it, it's ripe for a short.
At least I will stalk it on the daily.
PTG1 is the Center-Line.
Does $MCX:ZINC1! Will Take Support ?Dear Followers,
I hope this message finds you well. I am reaching out to provide you with an important update regarding MCX:ZINC1! .
I'm pleased to inform you that recent market analysis indicates that MCX:ZINC1! has found significant support at its current levels Near 213-215. This support indicates a strong foundation for the stock's value, potentially mitigating downside risks and providing stability moving forward.
Levels To watchout-
If Breaks 217-218 this Level Then we can see Potential Upside and this will try to Test 222-225 Mention Levels.
As always, it's crucial to remember that investment decisions should be made based on your individual financial goals, risk tolerance, and time horizon. We encourage you to reach out to us if you have any questions or concerns regarding your investment portfolio or if you'd like to discuss potential strategies moving forward.
Zinc continues uptrend For all trade on my Auto Harmonic patterns indicator trade setup -
Risky trades can take trade after crossing 23.6% on either side and safe traders can take trade after 41% We can start buying when our Trailing SL hit at 23.6% with SL of recent low our Target will be 41%, 78.6% , 127.2% 161.8% and 223.6 % , when reversal pattern appears on chart we have to trail our SL if trailing SL hit exit from long trade and initiate sell trade ,
Zinc ready for downside move if recent high not break For all trade on my Auto Harmonic patterns indicator trade setup -
Risky trades can take trade after crossing 23.6% on either side and safe traders can take trade after 41% We can start buying when our Trailing SL hit at 23.6% with SL of recent low our Target will be 41%, 78.6% , 127.2% 161.8% and 223.6 % , when reversal pattern appears on chart we have to trail our SL if trailing SL hit exit from long trade and initiate sell trade ,
ZINC Futures ( ZINC1!), H4 Potential for Bullish RiseTitle: ZINC Futures ( ZINC1! ), H4 Potential for Bullish Rise
Type: Bullish Rise
Resistance: 291.70
Pivot: 277.30
Support: 263.15
Preferred case: Looking at the H4 chart, my overall bias for ZINC1! is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market. If this bullish momentum continues, expect price to continue heading towards the resistance at 291.70, where the 50% Fibonacci line is.
Alternative scenario: Price may head back down to retest the pivot at 277.30, where the 50% Fibonacci line is.
Fundamentals: There are no major news.