Copperlong
"COPPER (XCUUSD): ready to go up" by ThinkingAntsOkDaily Chart Explanation:
- Price is against a Weekly Support Zone.
- Price is under a Descending Trendline.
- Bullish Divergence on MACD.
- If price breaks the Descending Trendline at 2.68, potential to move up towards the Resistance Zone at 2.96 and, then, to the Weekly Resistance Zone at 3.2.
Our Weekly Vision supports this potential long idea. Take a look!
Weekly Vision:
Updates coming soon!
"Top and Bottom Analysis" Copper (XCUUSD) by ThinkingAntsOk4H Vision Explanation:
- Price broke the Descending Trendline and started an up move.
- It has potential to go up towards the Major Resistance Zone at 2,96767, being careful with the Middle Support Zones.
- However, the Bearish Divergence on MACD could be anticipating a Pullback to the broken Resistance Zone that is now a Support Zone.
We are also long in our Weekly and Daily Vision.
Weekly Vision:
Daily Vision:
Copper XCUUSD Bullish 8H LongBuyLongSellIndicator UpdateCopper has bottomed and moved up from the long resistance level.
As per the LongBuyLongSellIndicator(Script Below) the Candle Become Black to Blue which is good sign for uptrend.
Good Upmove is possible from here.
Copper Bullish setupcopper making seasonal bottom, professionals open long & short positions, while bank profiting taking by closing both sides. price may go further dip to catch stop losses.
Copper (HG1) BuyJust my opinion on what market might currently be doing. Enter and exit at your own risk.
DISCLAIMER
Please note that this chart is an opinion based chart only. Please trade at your own risk
Copper Buy & SellCopper is currently a sell but not long before buyers come back in. My labelled zones are only a rough idea of where i think the market may touch before turning around. Decide on your own Entry & Exit. If you do decide to enter a sell from this point, then i would put a SL around 10pips about zone A because market can always go back up to A again before coming back down to B.
DISCLAIMER
Please note that this chart is an opinion based chart only. Please trade at your own risk
Copper Sell & BuyI think any pull back in copper is a sell until we reach target D and then buyers can come in and take in up. Could go further than my TP but those are my targets for now.
DISCLAIMER
Please note that this chart is an opinion based chart only. Please trade at your own risk
CopperCopper Trades using Blue Sky Plus Indicator. Message or Comment to get a free trial of the indicator.https://www.tradingview.com/script/lqS4a5pU-Blue-Sky-Plus-Day-Positional-No-Repaint-with-Alerts/
Copper in RiseIt is not new that this year 2019 with the rumors and the suspension of tariffs added to it the good perspectives on a possible agreement between China and the United States. pushed the red metal ( copper ) ,but approaching a great ressitencia, follow the good forecasts is not unreasonable the price continues to climb positions, but all this will be seen soon.
Long Copper for Target $3 (XCUUSD)Long XCUUSD for Target of $3
Buoyed by US-China Trade Deal Optimism. Stay Long With Stop loss near 2.88
Copper Futures (HG1!) Summary for End Week 4 - 2019So copper seems to have bottomed twice around the 2.60 area and is trying again to push higher following its rapid demise mid 2018.
Technically we can see the chikou san is still below price 'N' periods back and the tenkan san is yet to cross the kijun san to signify the possible start of an uptrend. However it's going to have to push through well set resistance at around 2.74 before hitting further potential resistance at the bearish kumo above.
Fundamentally the elephant in the room is of course China and much depends on the on-going trade spat with Trump and the apparent slow down in growth. We still need to keep an eye on the strength of the US$ which seems to be treading water right now. All that said, potential supply constraints are likely to help support price and if two or more of the above conclude favourably, we may well be able to retest the 2018 highs of 3.30 and above.
[Do your own research - above not investment advice and for my own analysis, though constructive comments always welcome)
WAIT FOR NOW
Copper: Set to breakout after trade truce & inverted H&SCopper has filled Monday's gap and may be set to break higher again in line with LT inverse H&S bottom
Copper: Trade war fatigue and 2-week high is bullishThe news has been bad around China and the trade war- but perhaps some relief is due as fatigue sets in
Copper has broken out of a triangle base
Scenario A) Broken trend line provides support on a pullback for bigger move to 2.86
Scenario B) Old highs at 2.75 hold and price drops back into its range
Copper Commodity FuturesAfter wave (A) completes long the abc move up and then shift to a short position to play the wave (C) down.
Copper / XCUUSD / CU - Preparing for bullish buy signalCopper has taken off from a nice bullish pin bar that had formed off of a key support trend line. This was a near text-book pin bar setups and the types of setups price actions traders should always be watching for. Price blasted off higher from the pin bar and is finally having a little bit of pause from a key resistance zone. When I will be watching for is for price to either fall back to the same support trend line and for another buy signal to form, or if price breaks through key resistance I will then be watching for a pullback to this level (which would have become a support zone) and then watching for any price action candlestick buy signals to form.
UPDATE: Prepare to close our position in Copper on the next highHi guys, thank you for the support! I will have this analysis out each weekend as well as daily updates throughout the week, if you guys like what I'm doing hit the "follow" button and you will get a notification each time I post a video or chart!
Have a great day everyone!
