Gap breakoutThis thing is likely shoot good. Good breakout with gap. Bullish rejection from monthly pivot.
When price breaks away the trend line with gap it rarely makes a trendline retest.
Does this mean that oil might rise? Copper and oil have had a strong positive correlation at 0.84.
THIS IS NO FINANCIAL ADVISE.
Copper Futures HG1!
Copper LeadingThe move above 2.25 in copper was encouraging for stocks. The real question is, can this level hold?
𝗖𝗼𝗽𝗽𝗲𝗿 𝗨𝗽𝗱𝗮𝘁𝗲: $HG_F Daily. ANOTHER DCB into 13dmaLooks like another DCB into 13dma rejection. Break of 2.44-48 area was BIG. 2016 lows should be tested
Copper Futures (HG1!) DailyDates in the future with the greatest probability for a price high or price low
Copper Futures (HG1!) WeeklyDates in the future with the greatest probability for a rice high or price low
Copper Futures (HG1!) MonthlyDates in the future with the greatest probability for a rice high or price low
Copper (XCUUSD) Trading Plan & Potential Drop
hey guys,
pay attention to copper today!
currently, the price has reached a key structure resistance level and we have a potential opportunity for short!
pay attention to a horizontal decision range on 1H and sell in case of a bearish breakout of it (1H candle close below 2.172!
stop will be above the higher high within the channel!
target levels: 2.11 / 2.04
in case of a bullish continuation and candle close above 2.24 setups will be invalid!
please, support the idea with like and comment! thank you!
Rates Bottoming Out?Copper vs. Gold Ratio is displaying a very well defined momentum divergence - have we seen rates reach a low?
Copper - A true economic barometer breaking down.When a clear barometer for the health of the global economy is in trouble, don't see any logic for equity market to soar high.
Can look for short trade below 2.45 for positional target of 2.0 and may be 1.44 for potential LT bottom.
wedge of doomBig wedge on copper chart. make or break time. imagine all the big charts have same ominous outlook.. Good Luck!
Copper (XCUUSD) Bearish Forecast
key level breakout on copper
now we see the retest of the broken level on 4H and clear rejection on 382 fib. retracement!
I believe that the current low will be retested soon - 2.458
and then we may see a bearish continuation to the downside - 2.41
good luck!
leftey's guide to 2020here i have planned out the 3 bump plan. you pick the ending. fun right?
leave a comment if have something to add!
Copper Futures (HG1!) WeeklyDates in the future with the highest probability for price direction reversals
COPPER Buy SignalPattern: Channel Up on 1D.
Signal: Bullish if the price breaks the 1D MA200 or if it tests 2.500 again.
Target: 2.800 (right below the Resistance Zone).
Recent successful signal on Copper:
Copper VS Baltic Dry IndexAlthough I have not located the specific index, I have compared copper with the main components of the index and in fact there is a clear relationship between the two intrument, it is closely related to the flow rate between shipments and the cooper is very simple.
Usd nok inverse weekly & Copper Copper short & Crude Oil short by Usd nok Inverse weekly fractal study . error in chart : no cg1! but hg1!
Copper Gold ratio - Yield Us Treasury 2 Years It's great discovery , the ratio copper gold anticipates Yield Us treasury 10 years and then , the difference of Yield 10y and Yield 2y anticipates bear market .....
𝗖𝗼𝗽𝗽𝗲𝗿 𝗨𝗽𝗱𝗮𝘁𝗲: $HG_F Daily. DCB into 13dma rejectionSimilar to $TNX. Looks like it wants to go lower meaning coronavirus still impacting China
