Copper is facing bullish pressure, potential for further upside Price is facing bullish pressure where a clear break of our upside confirmation level could provide the bullish acceleration to our first resistance target. Ichiomku cloud is also showing signs of bullish pressure in line with our bullish bias.
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Losses can exceed the initial investment so please ensure you fully understand the risks
Copperlong
Copper is approaching support, potential bouncePrice is facing bullish pressure from our Ichimoku cloud where a break above our upside confirmation level could provide the bullish acceleration to our first resistance target at 3.09717
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, potential for further upside Price is facing bullish pressure from our 20 period EMA and Ichimoku cloud where a break above our upside confirmation level could provide the bullish acceleration to our first resistance target.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks
Copper broke resistance, potential for further bounce! Copper broke its descending resistance trend line and is facing bullish pressure from our Ichimoku cloud and EMA where a break above our upside resistance could see a push up to our first resistance target at 3.09717
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, potential for further upside Copper is approaching 3.00712 where it could potentially rise further to 3.09457. A break above our intermediate resistance level at 3.06076 could provide the bullish acceleration to our first resistance target.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Copper broke key support level, potential for further dropPrice broke a key support level previously and is facing bearish pressure from our 20 period EMA, Ichimoku cloud and descending trend line, where we could see a drop 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 to climb from upside confirmation, potential bounce!Copper to climb from its upside confirmation at 3.03976 where it could potentially bounce further to 3.08186.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Copper Buy / Sell Based on FIBO / Gann - INTRADAYAs per my analysis Copper is on Buy Trend correction
So Sell at 509.40 Stop loss at 510.40 and expected targets 506.10
After correction Buy at 506.10 Stop loss 504.90 Target expected 509.40 / 511.70
Note : BUY IS THE MOST PREFERRED TREND
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