Trading In The Copper TriangleIn this update we review the recent price action in Copper and identify a high probability trading pattern to take advantage of
CO1! trade ideas
double top on copperhere folks we have a double top on copper and when looking at the DXY weakness this makes sense with the little push we are getting though this is seemingly weak compared to the magnitude of the DXY move.
This leads me to believe that we'll see a reversal on DXY soon or we just invalidate this weekly double top and push higher
Copper Commodity IndiaSun Storm Investment Trading Desk & NexGen Wealth Management Service Present's: SSITD & NexGen Portfolio of the Week Series
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By Sun Storm Investment Research & NexGen Wealth Management Service
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Disclaimer: Sun Storm Investment and NexGen are not registered financial advisors, so please do your own research before trading & investing anything. This is information is for only research purposes not for actual trading & investing decision.
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Copper Futures Reversal TradeIt has reached the lower trendline and looks to reverse by taking support. Going Long would be a good idea. Target is placed Near Resistance, Stop Loss is placed below trendlines, support zones and 200 EMA.
HG ( COPPER ) MAKING A TRIANGLEHG ( COPPER ) making a triangle on a Primary degree 4th. We are on a D wave of the triangle. Most probably we finish A wave of D wave as a preferred count (Projected by the black line) and we are coming down to making a B wave. On another side of the analysis as an alternative (projected by the red line)we are on an A wave and we are going upside a little bit and we finish the A wave then we will come for a B wave. Copper take more time to finish the triangle and after that, we can see a new high on an HG for primary degree 5th.
DISCLOSURE - Please be informed that the information I provide is not a trading recommendation or investment advice. All of my work is for educational purposes only. All labeling and wave count have been done by me manually and I will keep changing according to the LIVE MARKET PRICE ACTION. So don't bias, hope on my trade plans. Try to learn Elliott Wave or other strategies and make your own strategy. Following is not that much easy. I am not responsible for any losses if u took the trade according to my trade plans.
#HG #COPPER
Short and Rebuy A good alternative to possibly introducing a Hsort position. Copper should then ricochet off a circulated resistor, which can then be bought. Copper should also receive a price increase due to the recurring inflation.
Short and Rebuy A good alternative to possibly introducing a Hsort position. Copper should then ricochet off a circulated resistor, which can then be bought. Copper should also receive a price increase due to the recurring inflation.
Copper Commodity USA Sun Storm Investment Trading Desk & NexGen Wealth Management Service Present's: SSITD & NexGen Portfolio of the Week Series
Focus: Worldwide
By Sun Storm Investment Research & NexGen Wealth Management Service
A Profit & Solutions Strategy & Research
Trading | Investment | Stocks | ETF | Mutual Funds | Crypto | Bonds | Options | Dividend | Futures |
USA | Canada | UK | Germany | France | Italy | Rest of Europe | Mexico | India
Disclaimer: Sun Storm Investment and NexGen are not registered financial advisors, so please do your own research before trading & investing anything. This is information is for only research purposes not for actual trading & investing decision.
#debadipb #profitsolutions
Call The CopperDeflationary drop incoming
Action - Reaction chart
Trade at your own risk
G.R.I. Dec'21
Not financial advice
Copper stage 2 continuation copper weekly looks like a Stage {2} breakout continuation in it's infancy.
This weeks cross past the 30 week EMA is the first clue.
Hey, is there anything goin on in the world that would cause this?
HG1! - Copper and CornersSo, is this what means: A market is cornered? ;-)
OK...let's get serious...they observe us hehe...
The very old top acts as a perfect resistance.
Now, focus on the white pitchfork.
The market overshooted the U-MLH (upper line). This is a huge stretch. In fact, if the power where there, price had to go to the next extension of the Pitchfork. But so far it mised it (HAGOPIAN) and it's just dancing on the U-MLH.
What does this mean?
It means, that
a) the potential to take off is still in place
b) the market could tank very hard and reaching at least the white centerline. The extended version of a target is simply the grey centerline.
Anything else?
Jep, Santa is comming! §8-)
Copper Trading The WXY PatternIn this update we review the recent price action in Copper and identify the next high probability trading opportunties
Waiting for neckline to break to release the bearIn progress forming double top.
once it break below the neckline at 4.12, we may see more downside.
Price is at the Moving average junction.
Copper FuturesI'm looking for buys at H1 demand zone, for short term we can sell from M15 supply level...Always look for LTF confirmation before taking trades
Copper Futures: Have You Seen The Chart?At an inflection point as it risks losing it's 200-day simple moving average. Umpteenth test of the level, which increases downside risk.
Watch your step with this commodity.
wicks to the upside off a key levelWe should have a nice short term trade to the downside. Wicks and bouncing off resistance.
Copper looking for 3.32 to 3.82 wave Y correctionCopper looking for 3.32 to 3.82 wave Y correction
Previous ABC fall is 80 cents and using that Y target could 3.82 if fall is similar to previous fall of 80 cents... if we have deeper correction say 1.618 retracement of previous move...target would be around 3.32... I will be keeping daily 50 dma as stop loss...
$copper going to absolutely fly. Massive backtestdeep ih&S was actualyl backtesting deeper shells ina. giant bullflag.
She's gong to fly.
Safest entry is here-ish ith a tight stop-leooss adn exit before the turn up high.
COPPER Buy signalPattern: Channel Up on 1D.
Signal: Buy as the price is rebounding on the Higher Lows (bottom) trend-line of the Channel Up while the MACD just formed a Bullish Cross.
Target: 4.980 (the 1.236 Fibonacci extension).
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JICPT| Copper likely to rebound from 11% drop(Range measure)Hello everyone. Copper got my attention of looking for potential long opportunity after dropping by 11% . The reason is as below:
1. Economic recovery(Macro)
2. Price fell from top of range numbered 4 to retest bottom of range numbered 2.
3. solid demand zone with flip structure.
The issue is the red downtrend line. If copper can take that line out, it's likely to challenge previous high.
What do you think? Give a like if you're with me.
Copper 200 DMA againAfter several attempts, we are again above the 200 DMA.
Interest rates movements these last weeks, as well as inflation expectations, were somewhat clumsy with the market changing its view several times (ED futures now indicate 3 hikes in 2022). Along with that and worries over Chinese new policies, no clear trend was able to materialize in Copper.
Now that we've passed Chilean elections, perhaps comes the time to resume uptrend. If the tenacity in staying above the 200 DMA is a sign, it is a new opportunity to go long.
Any downturn under this MMA would infirm hopes again.
Copper Futures Sell to BuyPrice is approaching to weekly demand zone, so i expect bullish move..there will be a sell move first ...look for LTF BOS before taking trade
Mcx Copper710-715 support after upside "U" Turn 800-820 Possible but, 710 below Possible down trend 690- 680 & More Possible November- December view (Education Purpose) Nonsebi Register
