Copper & Commodities uptrend to be expected.After a month period of adjustment, copper price is looking to break resistance and run higher. The next 24-48 hours will decide whether the energy is actually there to do so
COPPER trade ideas
$HG_F is still within an uptrend$HG_F #Copper is still within an uptrend supported by an uptrend line 4.0900 and this is a key level for the reversal pullback lower or continuation upside. There is also a reversal H&S potential and we need to see a significant break above 4.33000 to invalidate it
COPPER (XCU/USD) – Week 27 – Another drop is close Last week, we correctly anticipated Copper to start a correction that will push the price towards the resistance level.
In the coming days, we are expecting short-term bullish momentum until it reaches the resistance area. Afterwards, we anticipate the price to make another drop and break the support.
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-We can expect Short term bull run to 4.550 for X) ?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 analyzing the pair and labeling 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 labeling according to the price action.
All labeling 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
XCUUSD Copper is setting up for longer term reversal Hi there,
Copper is setting up for longer term reversal. Dont let that go without you.
Watch lower time frame corrections and catch the top.
Good Luck
COPPER (XCU/USD) – Week 26 – Expecting another drop.Last week, we correctly anticipated Copper to start a correction that will push the price towards the resistance level.
In the coming days, we are expecting the pullback to end around the confluence between the trendline and the resistance area, before dropping towards a new low.
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-We are in wave iv still v of iii) or W) to 4.000Market 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 analyzing the pair and labeling 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 labeling according to the price action.
All labeling 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 (XCU/USD) – Week 25 – Pullback expected.Last week, Copper started a bearish rally that stopped around the support level.
In the coming day, we are expecting a pullback to occur and drive the price towards the resistance zone highlighted on our chart.
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.
XCUUSD Expected upward reaction, at Fibo levels,
Key area is cluster of external
corrective wave's ratio's (1.618)
and internal ratio 61.8.
XCUUSD Copper on the retracement pathA Bear breakout from all-time high due to effect of stronger dollar and closer monitoring of copper market in China and lesser demand. Watch out the levels.
Wich is the real trend here?? red or yellow??I ve noticed that trend is not always a line that goes from tip to tip of the waves. Some time waves(especialy the first big one as in the case of copper) just pass through the line, i guess it represents human sentiment (over bought, panic buy!!...dale al boton dale al boton).
i'm betting on the red line as a trend and a simple trend test it's recent growth.
o 4.13
sl 4.19
tp4.04
1.5ratio
quite agressive
if i was you, knowing me...i wouldn't take the trade.
i like pistacchios
Longer term What’s your view
Please like or dislike with a comment, please
I would like to use chat
Selfish I know lol
Copper futures copper had a good run
but now it's going down.
how deep?
Watch the lines and moving averages on this chart.
Dr Copper running out of momentumCopper looks to have lost momentum on the weekly now after what has been a massive rally. Will largely depend on the $USD strength in the week ahead.
COPPER (XCU/USD) – Week 24 – Indecision territory.Last week, Copper almost ended the week where it started, ranging the entire time.
In this context, we would carefully study the price action as the price could go both ways from here. We suggest to avoid trading this pair for now.
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 TO GO HIGHER???I will be adding to my position. Definitely looks like copper could definitely go higher. I also see this as an undervalue metal in to days age with everything being electrical and copper being a major component in alot of electrical items like cars, wires and more
