Copper re-touch fib 0.618, buyCopper 2nd touch fib 0.618 and able to hold by the structure, can long now. Aim 5.00
COPPER trade ideas
Buy on Copper Price Rally aggressively Towards main resistance
Price lifts from main resistance and then
hovers on cloud on a higher resistance
Lifts from higher resistance
attack cloud and test main resistance
if(above cloud){BUY}
New trading Strategy upgrade -Hi traders, this is my personal trading idea only. Please give an AGREE/ LIKE, my trading strategy is Price Auction - using Chart only, your comments are highly welcome. My chaos drawing is not to predict and guess the further, it is my plan where we are on the chart and how we shall trade on what we see. Trade well & Good luck guys.
copper longcopper up
-as shown in the chart
-as shown in the chart
-as shown in the chart
-as shown in the chart
New trading strategy upgrade - CopperHi traders, this is my personal trading idea only. Please give an AGREE/ LIKE, my trading strategy is Price Auction - using Chart only, your comments are highly welcome. My chaos drawing is not to predict and guess the further, it is my plan where we are on the chart and how we shall trade on what we see. Trade well & Good luck guys.
COPPER (XCU/USD) – Week 45 – Consolidation expected.In the coming days, we are expecting the pair to start a consolidation that has the potential to the resistance level.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
Copper - LongCAPITALCOM:COPPER
Seeing a nice clean break and retest on Copper, longs for now look good to me! First target will be around the top of the trendline for me.
New trading Strategy upgrade - CopperHi traders, this is my personal trading idea only. Please give an AGREE/ LIKE, my trading strategy is Price Auction - using Chart only, your comments are highly welcome. My chaos drawing is not to predict and guess the further, it is my plan where we are on the chart and how we shall trade on what we see. Trade well & Good luck guys.
Copper to resume trend higher? resting on 50dmaNice retest of the breakout area. Consolidating and holding above the 50dma for the 3rd successive day. RSI still strong and with the 50dma > 200dma, i expect the positive trend to continue higher shortly..
Copper - Confluence level/zoneconfluence support level
Retest trend line
Retest horizontal support
Retest double bottom break out
RSI diverging 1H &4H
New trading Strategy upgrade - Copper long swing Hi traders, this is my personal trading idea only. Please give an AGREE/ LIKE, my trading strategy is Price Auction - using Chart only, your comments are highly welcome. My chaos drawing is not to predict and guess the further, it is my plan where we are on the chart and how we shall trade on what we see. Trade well & Good luck guys.
Copper GO!On the higher time frame, successfull retest of the break out of the bull-flag.
On the lower timeframe, successfull break out of the consolidation channel.
Could form another bigger bull flag instead of going for novel highs. Therefore, take some profits in these areas
GL
COPPER (XCU/USD) – Week 44 – Market bound for a pullback.In our last week’s analysis, we anticipated the pair to finish the consolidation and make a new top. Instead, the price made a deeper than expected pullback.
For next week, we could see a bullish move developing, at least for correction.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
COPPER (XCU/USD) – Week 44 – Prepare your buy setups.In our last week’s analysis, we correctly anticipated the pair to pullback.
For next week, we foresee the pair finishing the consolidation and making a new top.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
COPPER-Bigger flat in progress to reach 3.6600 in Y wave.Market Commentary:
LEARNING ELLIOTT WAVES IS LITTLE BIT TOUGH (FOR ME IN BEGINNING) BUT I TOOK IT AS A CHALLENGE AND THAT IS NOT IMPOSSIBLE ALSO...
First have an look for the positional trend i shared here previous....if you are a follower of me...and sometimes i will share the counter trend trade also in 15 mins and 1hr...but that is risky ones...so if the trend is bearish or bullish, if i am expecting the correction...book the profit there and wait the correction to end and again go with the trend....DONT TRADE THE COUNTER TRADE SETUP...you will took loss too...try to identify the short term pull back and the long term pull back after that took small lots in the short term PB with strict stop and go with big lots in the trend side that is long term. I WONT TOOK ALL THE TRADE PLAN SHARED HERE...
Read the market commentary inside the chart what i shared here carefully and try to learn Elliott waves...otherwise its tough to understand the market commentary and my analysis. I wont give a entry, stop loss and take profit in my chart...it is only for EDUCATIONAL PURPOSE and i am sharing how i am analysing the pair and labelling them according to the Elliott wave theory...I AM JUST SHOWING THE TREND HOW IT MAY GO AND MY VIEW(it may wrong too)..so DON'T FOLLOW BLINDLY MY CHART. Take this as a reference and if it correlate to you strategy took the trade as per your strategy...DON'T ASK ABOUT YOUR RUNNING TRADES i wont comment on them and I WONT SUGGEST TO TAKE MY TRADE SETUP.
I am a technical analyst based on trendline, channel, fib retracements, expansion, stochastic for divergence, EMA's and MA's are finding the pull backs and MAJOR IS ELLIOTT WAVES...those mentioned above are using as a TOOLS only. I am not a fundamental, sentimental trader...but only the fundamental will boost my technical analysis to reach my target or sometimes it will go against me and then i will manage the trade according to the Elliott waves alternate views...Each and every trade plan i am sharing here has a alternate view and i am sharing only the most probabilities(70-80%) here...sometimes the other (20-30%) may market do..then i will change the wave counts and labelling according to the price action.
All labelling and wave counts done by me by manually and i will keep change according to the LIVE MARKET PRICE ACTION. So dont bias, hope on my trade plans...try to learn and make your own strategy...Following is not that much easy...I AM NOT RESPONSIBLE FOR ANY LOSSES IF U TOOK THE TRADE ACCORDING TO MY TRADE PLANS....THANKS LOT..CHEERS
COPPER Copper has finished the 5 IMPULSES to the upside and is now correcting towards 3.02 AS THE FINAL TARGET, But we will see price hitting 3.8 levels then a slight pullback to the upside
Copper stockpile crisisJust to add to the current global supply crisis, copper LME stockpiles have hit record low. Seeing what happens with this daily retracement.
Copper: Important point coming.
Id like to see a hold or break of the RED trendline before entering.
Levels are marked out on the daily TF. Me personally I think its going to give a nice pullback, before heading skyward to test the top of the channel and possible break out.. My bias is to the long side though confirmation at this stage is a must.
potential great move on the horizon Id say.
What do you guys see and think ?
COPPER (XCU/USD) – Week 42 – New top on the cards.In our last week’s analysis, we correctly anticipated the pair to continue the uptrend.
For next week, we foresee the pair making a small pullback towards the support and break the top.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
Copper Triggers Flag Pattern, similar looking to Oil BreakoutCopper confirmed a daily breakout of a flag pattern. Great follow through today. Next resistance comes in at previous highs of 4.80, and then likely new highs after that.
Potential retest of the trendline breakout is possible. Just normal breakout market structure. This chart interest me because it is very similar to Oil a few months back. And look what happened:
Hoping for a similar move. Inflation trade? Metals are getting a bid, and let's not forget to give some love to Dr. Copper!
XCUUSD. Long position.hi hope you are well.
according to ElliotWave, we are at the ending phase of an ABCDE correction pattern, and the probability for reaching a new high in Copper is relative high if price activate our Trigger for long position.
This can be low risk high reward situation. better have it in your watch list.
I will answer to your questions, feel free to ask.
have a good day.
COPPER (XCU/USD) – Week 41 – Will the resistance hold?In our last week’s analysis, we correctly anticipated the pair to consolidate and head towards the first resistance area.
In the coming days, we foresee the pair gaining more bullish momentum and make an attempt and break the resistance.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
