Copper Target Price 3.3135Entry at Exponential Moving Average (10 Period).
Bullish Flag. Descending Channel. Trend Is Up. Uptrend. Pin Bar Candlestick.
XCUUSD trade ideas
Copper reversed off resistance, potential for further dropPrice is facing bearish pressure from our first resistance in line with our 38.2% fibonacci retracement and horizontal swing high resistance, where we could see a further drop to our first support target. Ichimoku cloud is showing signs of bearish pressure as well, in line with our bearish 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 resistance, potential reversal Price is facing bearish pressure from our first resistance in line with our 38.2% fibonacci retracement and horizontal swing high resistance, where we could see a further drop to our first support target. Ichimoku cloud is showing signs of bearish pressure as well, in line with our bearish 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 bearish pressure
Price is facing bearish pressure from our first resistance in line with our 38.2% fibonacci retracement and descending trend line, where we could see a further drop to our first support target. Ichimoku cloud is showing signs of bearish pressure as well, in line with our bearish bias.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks
Copper- break below downside confirmation sees more downsidePrice is facing bearish pressure from our first resistance where a break below our downside confirmation level could trigger a further drop to our first support target. Ichimoku cloud is showing signs of bearish pressure as well, in line with our bearish bias.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
Copper wait for a break below our downside confirmation
Price is facing bearish pressure from our first resistance where a break below our downside confirmation level could trigger a further drop to our first support target. Ichimoku cloud is showing signs of bearish pressure as well, in line with our bearish bias.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks
Listening to Dr. CopperCopper not moving much... not believing any deflation risk for now. Still trying to start moving upwards on that volume defined slide! Arc still showing uptrend and support lines just below us. Also note on apex of volume defined node.. which you want to slide on top. $HG_F #copper #patience #gold #silver $slv $gld #fintwit $sil $silj $gdx $gdxj $dxy $vix
Copper is facing bearish pressure, potential reversal Price is facing bearish pressure from our first resistance in line with our 23.6% fibonacci retracement descending trend line and horizontal pullback resistance where a break below our downside confirmation level could trigger a further drop below this level. Ichimoku cloud is showing signs of bearish pressure as well, in line with our bearish bias.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks
Copper a break below support could trigger a further dropPrice is facing bearish pressure from our first resistance in line with our 23.6% fibonacci retracement descending trend line and horizontal pullback resistance where a break below our downside confirmation level could trigger a further drop below this level. Ichimoku cloud is showing signs of bearish pressure as well, in line with our bearish bias.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks
Copper Long all day LongCopper has been in a very nice ascending channel, but has been struggling to break above the weekly upper limit indicated with red line.
But we have finally broken and closed above it.
We had a daily 8 EMA gap that is being closed. Waiting for confirmed momentum to the upside to build on long term trade in copper.
Disclaimer: I am still testing my strategies. Not all trades Ideas I post will result in live trades. They might be tested on demos accounts.
Please share your Ideas with me and I am always open to positive criticism.
Remember to use risk according to your appetite.
Thanks for Checking out this Idea.
Copper is facing bearish pressure, potential for further dropPrice is facing bearish pressure from our first resistance in line with our 23.6% fibonacci retracement and horizontal pullback resistance where we could see a further drop below this level. Ichimoku cloud is showing signs of bearish pressure as well, in line with our bearish bias.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks
Break and Retest?We are observing what seems to be a break and retest trade in Copper (cfd). We had the 3.1000 level which acted as resistance since the end of September. This level was broken convincingly by the daily candle on 20 October consequently peaking at over 3.2. We then observed a retracement to the 0.786 fib zone.Our trade intends to ride the rise from the fib to the Dec 2017 highs. For better R multiple we enter on H4. We enter position as we expect a pullback of some sort at the 3.1200 zone.
Entry: 3.1411
SL : 3.1180 (Very aggressive stop)
TP1 : 3.1990 ( R-2.51)
TP2 : 3.2940 (R-6.62)
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.
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.
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 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
