Long XCUUSD (Copper) For Retesting 2.86 Levels & HigherCopper has bounced from Crucial Support. With Dow Falling and XCUUSD still Holding Ground.
Long XCUUSD possibly with Continuation of Trend
Xcuusd (Copper)
XCU USD BUY (COPPER – US DOLLAR)Hi there. Price is forming a continuation pattern to the downside. Wait for the price to hit the bottom of the pattern and watch strong price action for buy.
XCUUSD Potential DownsideXCUUSD has formed a head and shoulders pattern, a break below the neckline will signify more downside.
Copper: Buy opportunity on a 1W Rectangle.Copper has been trading within a long term 1W Rectangle (STOCH = 49.048, Ultimate Oscillator = 49.708) with 2.52850 - 2.53850 as the Support zone and 2.83470 - 2.84595 the Resistance. A repetitive pattern that stands out is a sharp rise that is followed every time after a 1D Lower High sequence breaks to the upside. We are currently close to such an event so we are on a medium term long with TP = 2.78300.
** If you like our free content follow our profile (www.tradingview.com) to get more daily ideas. **
Comments and likes are greatly appreciated.
Copper WXYAll Copper has been doing is expanding this WXY structure, but is came off the exact spot fib and pattern wise to go for Y.. Finally.
COOPER is on consolidation (XCUUSD Analisys)Cooper (1hr Heikin Ashi chart) looking to stay on consolidation for some time, trading on channel excellent opportunity to enjoy the trend for small % trades.
Disclaimer:
This written/visual material is comprised of personal opinions and ideas. The content should not be construed as containing any type of investment advice and/or a solicitation for any transactions. It does not imply an obligation to purchase investment services, nor does it guarantee or predict future performance. Coinmarkets.net, its affiliates, agents, directors, officers or employees do not guarantee the accuracy, validity, timeliness or completeness of any information or data made available and assume no liability for any loss arising from any investment based on the same.
COPPER BUY (COPPER – US DOLLAR)Hi there. Price is still in the continuation pattern to go up. Wait for the price to hit the bottom of the pattern and watch strong price action for buy.
XCU/USD updateWho got that trade? Blue MA is 800. Red is 200. I would consider it to be going up and would continue to look for buys on any pullbacks.
CopperCopper has gone down in a 7 swing fashion. I still expect one more move up to break the high given the corrective nature of this move. When I look at the larger structure, another push up also makes sense to complete a larger expanded flat.
Copper: 1D Channel Down. Short.Copper (XCUUSD) is trading within a 1D Channel Down (Highs/Lows = -0.0144, B/BP = -0.0590) after having made a Double Top at 2.8400 (late Sep, early Oct). If the previous 2.6887 Lower Low and 1D support is crossed then HG1! should make a new 2.6600 Lower Low and attempt a break out. Otherwise the Channel Down will make a new Lower High near 2.7800 before it attempts to break the 2.6887 Support again. In any case the long term trend as suggested by 1W remains bearish (RSI = 43.931) so shorting every Lower High is the most optimal approach. Our TP is 2.6600 and 2.6000 in extension.
XCU/USD - Copper - Looking good for a push higher upXCU/USD is looking good for a push higher up.
It has broken the 50 and 200 EMA on the 8H chart and is looking strong. Put your SL under the 50 EMA.
As long as the 50 EMA on the 8H chart acts strong as support, the long move is active.
We can expect Copper to continue its bullish trend higher up.
Trade safe.
Short Copper 10012018- Structure break down
- 2618 pattern
- Trending Dollar
:) Good Luck!
TP1 2.7685
TP2 2.7405
SL 2.8140
Copper still following our linesCopper followed the weird lines and still doing it. Is it looking for the 50-day moving average? It will if breaks the 100-day ma. At the moment a bit constrained.
Learn how to beat the market as Professional Trader with an ex-insider!
Have a Nice Trading Week!
Cream Live Trading, Best Regards!
Trading inside a Rectangle. Short.Copper is trading sideways for more than a month now within a 2.5400 - 2.7350 Rectangle on 1D (RSI = 56.012, MACD = 0.000) and the High Volatility (ATR = 0.0544) ensures the preservation of this neutral action. As seen the price has just been rejected on the Resistance, so we are now short aiming at 2.565.
09042018 Copper LongCopper now at strong support, Dollar at it's major resistance.
We can expect big bounce to CD-382, 618
08292018 Copper Short Term Structural Support - Structural support with fib confluence shall lift the copper from current price level.
- Trend is likely to continue as copper is yet to hit major resistance level.
Entry: Now.
TP1: 2.71824
TP2: 2.74798
SL: 2.67450
Head and Shoulders on XCUUSDHead and shoulder on copper, wait for close. For the TP of a HS, measure the pips between the tip of the head and the left shoulder neckline!
Much LOVE<333
Follow for more ideas!! <3
Bear Pennant XCUUSDWait for a close below. The first TP is at the 0.681 fib, the second TP is at the 1.
Rising Wedge Continuation Pattern on XCUUSDThe rising wedge forming on XCUUSD is to be treated as a continuation pattern. Wait for the break of the wedge with a 4hr close below.
