Copper entering potential support 2.20Copper reached my long held target below 2.22 and now waiting for signs of a bottom/reversal for longer term rebound (green wave C) Confluence of supports at 2.20 zone, channel, c/y=a/w and where wave e (blue) of bigger triangle wave B (green) is 78% Fib retrace of length of wave d (blue) of triangle. Not confirmed until get a reversal and wave e still has scope for closer to 2 but I would not be short any longer having been short the last 18 monthsby WVS_StockscreenUpdated 4
XCUUSD reversed from resistance, potential drop! XCUUSD reversed off its resistance at 2.42577 where it could potentially drop further to 2.28524. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks. Shortby Tickmill6
Copper XCU/USD (The Return of the Copper Demand?)View On Copper XCU/USD (27 APR 2020) We had a strong pull back on COPPER price and now 2.20 region has proven to be strong support. It shall climb higher soon and it should swing easily to 2.4/2.58 and 2.63 regions. DYODD, all the best and read the disclaimer too. Feel Free to "Follow", press "LIKE" "Comment". Thank You! Legal Risk Disclosure: Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor. DISCLAIMER: Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice. Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information. Longby SonicDeejayUpdated 2212
Copper BearishHigh Probability for a downtrend market, but it can also go higher before going down (Yellow lines)Shortby UnknownUnicorn5526382Updated 4
Copper Sell SignalThe price action now is making an Ascending Channel + the price is in the Supply Zone means there is a high probability of reversal. If our SL hit we are looking for another entry, or you can make your SL widen based on your preference. We keep our target profit open because we are trailing our SL manually Follow me & like this idea to support me thank youShortby UnknownUnicorn55263822
Short term trade with Copper.I entered this bear trade on 2.3900. Why? I think the odds are good it will reverse back to the bottom of the trend line. As it tried to break the line for almost 90 minutes, but unsuccessfully. Technically we also have a divergence on the RSI and WaveTrend Oscillators. The major indices don't show strength either, so this could also have an impact on the copper price. Large probability it won't work, therefore close stop-loss. If it goes down and you... finish at 2.3700, you have a ratio of 3,3x finish at 2.3600, you have a ratio of 5x Stop-loss at 2.3960-2.3990. If stop-loss hits I lose 0.34%. Planning to end the trade in around 3 to 6 hours.CShortby h_ahlgren0
XCUUSD potential reversal! XCUUSD expected to rise up to 1st resistance at 2.41274 where it could potentially react off and drop down to 1st support at 2.27440. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks. Shortby Tickmill15
Copper fractalCopper drwas interesting fractal. From current levels reasonably bearish. Shortby Lukasz_Wroclaw3
XCUUSD bounced from support, potential for a further rise! XCUUSD bounced off 2.27440 where it could potentially rise further to 2.39360. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks. Longby Tickmill12
Nice level here in Copper: 1hr time-frameDidn't post fast enough but this level is good for a wave up in that zoneLongby LanmarUpdated 9
Copper - Bearish outside candle signals correction is completeCopper - Intraday - We look to Sell a break of 2.2800 (stop at 2.2900) Price action has posted a bearish Outside Day and is negative for short-term sentiment. This is negative for sentiment and the downtrend has potential to return. The overnight rally has been sold into and there is scope for further bearish pressure going into this morning. Although the bulls are in control, the stalling positive momentum indicates a possible turnaround is possible. Further downside is expected, however, due to the strong support below we prefer to sell a break of 2.2800, which will confirm the bearish sentiment. Our profit targets will be 2.2500 and 2.2250 Resistance: 2.3200 / 2.3800 / 2.4000 Support: 2.2850 / 2.2500 / 2.2250 Shortby Signal_Centre1
XCUUSD approaching support, potential for a further rise! XCUUSD approaching support at 2.27440 where it could potentially rise further to 2.39360. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks. Longby Tickmill11
COPPER TRADING OPPORTUNITY Copper is moving in a down trend and also bearing in mind the seasonality trend in copper this month . i will prefer to go short . Good luck to you. If you liked this idea, please like and subscribe to my profile. Shortby cryptodailyalphaUpdated 4
Sell Copper vs buy goldGold is always more popular than Copper , but Copper has less spread and safer.Shortby QQGuo-Shane3
XCUUSD bounced from support, potential for a further rise! XCUUSD bounced off 2.35144 where it could potentially rise further to 2.41534. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks. Longby Tickmill11
XCUUSD to climb from upside confirmation, potential bounce! XCUUSD to climb from its upside confirmation at 2.35497 where it could potentially bounce further to 2.41534. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks. Longby Tickmill5
Copper is showing weakness Hello, from what I’m seeing it’s showing head and shoulders in the 1 hour chart indicating further drops to copper by EOW and big boy companies like FCX should feel the burn real soon. We see the right shoulder bigger than in the RSI and the left shoulder smaller than the one in the rsi showing us kind of a hidden divergence of a future downtrend that’s about to take place within the next two days. I’ll watching some puts with deltas over -0.50 that can make me a quick buck. We saw today an example of a dip today from 9:30 till 10:55. Made a nice put in the morning on FCX and you can tell I’ll be watching it side by side with copper to decide further trades. Also, we need to see what China is doing with there copper as well as there is bad news for this mineral even though we are experiencing an influx of copper like oil but is being treated like oil over there for someone reason. We should see confirmation of a downtrend tomorrow touching 2.330 even 2.326 if it’s a big sell off.Shortby miami954
XCUUSD to climb from upside confirmation, potential bounce! XCUUSD to climb from its upside confirmation at 2.35144 where it could potentially bounce further to 2.42534. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks. Longby Tickmill7
XCU/USD Long trade - Entry 2.31732Stop Loss = 2.24179 / Take Profit = 2.54392 > Coupled with a 1% risk with 3% reward. Once the trade reaches a 2:1 point move SL in front of opening at a 1:1 point to mitigate risk. Keep Chasing that Paper!!!Longby PaperChaser12Updated 3
XCUUSD to climb from upside confirmation, potential bounce! XCUUSD to climb from its upside confirmation at 2.35144 where it could potentially bounce further to 2.41534. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks. Shortby Tickmill11
XCUUSD (COPPER)Copper looks to be doing something really interesting longterm. Watch this closely.Longby patoUpdated 559