CA1! trade ideas
New trading Strategy upgrade - CopperHi traders, this is my personal trading idea only. Please give an AGREE/ LIKE, my trading strategy is Price Auction - Chart only, I don't use indicators, MA, signals and trend line etc. Your comments are highly welcome. We need a relax and happy trading with happy ending on each trade. 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. Good luck guys.
Sell at M15-M15 and buy on H1 chart
Copper Daily Futures PredictionShort Term Breakout on daily Copper Futures charts. Copper is trending from March 2020
COPPER trade idea.Analysis: Copper is in a strong uptrend, but we had 2 cases when the price rose stronger than expected. I market the 2 expansions with the green zones. I do not say that the bullrun is over, but I wont recommend to trade with large positions since the current market structure is neutral. The current potential risk reward ratios on short and long positions are quite bad. Right now it's too late to buy and too late to sell as well. I am waiting for a much clear picture before I will open a new trade.
Conclusion: Neutral
COPPER Copper has completed a Gartley harmonic, and we could see a move up to the designated target zone.
Copper Strong ... bullish trend continues You might want to consider holding copper stocks now ... it is resuming its uptrend after a a month of consolidation in June/july.
Good US stocks are
FCX
SCCO
TRQ Small Cap Copper, Copper on the cusp of a New All Time HighThe electrification of America and the world is going to require huge amounts of copper. New all-time highs should be expected.
Copper resources are likely going to become highly valued throughout this decade as more and more copper is needed to overhaul the energy and infrastructure grid.
Copper Technical AnalysisChina credit impulsed bottomed recently, in 6-9 months we see the effects in the economy. Therefore, the wave 5 might be a bit choppy from now, but the longer term picture is up up up!!!
JICPT| Copper pending breakout the sideway upper boundary!Hello everyone. Copper is on the top of my watching list due to its widely usage in the world. In my opinion, it serves as the leading indicator of the economy to help us catch nice investor opportunities in the market. e.g. thematic funds.
To make the long story short, let's look at the daily chart:
1. The long-term MA did prevent the price from further going down. In addition, the short and mid-term MA failed to crossover the long-term one, indication momentum to the upside.
2. It has been sideways for a while with the key level 4.4080 to be taken out. The level is also the upper boundary.
3. The likelihood of going up is high, however, I don't know if it directly penetrate the key level(4.4080), or seek support from the bottom level. I guess nobody knows. Considering the date of today, normally Friday is a bit quiet. So, we're very likely to know the result next week.
Two possible setups:
Breakout and pullback trade: with impulsive breakout, I plan to long at the pullback. This is momentum play.
Pullback and bounce back trade: Price falls to the bottom of the sideway structure(4.1340), I plan to long at the bottom. This is a sideway setup.
Hopefully, it helps. Enjoy the weekend.
Copper// Where to buy next (update)Mistakenly only had 1 entry, so I had to close to take some profit.
Now, ill be looking for another area to re-enter and probably add multiple positions.
As of right now, the first area of interest is the 38% zone, however Ill be exercising some patience as I think we may see price itch lower than this support.
Previous Analysis linked.
copper 100% chart analisys, not backed by any fundamental.
if could explain some fundamental to back or dicart the idea it would be apreciated.
thanks
Copper overbought predictionIt looks like it rocketed 4% yet despite the momentum it has now got rejected off of a multi month fib . I think it will consolidate until close, and then breakout again
Copper Prices giving a heads up... Earlier, I posted about the S&P500 defying gravity.
Another indication to support that view is here... COPPER.
It is well known for copper futures to lead/follow (takes turns) the equity markets. The reasons behind this phenomena is very fundamental, copper is used in production of many things, and in an economic upcycle, copper is one of the first metals required, in many forms from wires, to electronic parts.
So, superimposed is the SPX on /HG copper futures. You can see the love/hate correlation. It is just astounding.
Copper technicals are similar to that of 9 April 2020, as it bounces off the Gann fan support, breaks out over the trend line resistance... it appears bullish, even suggesting that it is looking for the last high.
So what might this mean for the S&P500?
Copper stop loss 4.45 long term Short to 2.9 to 3Copper stop loss 4.45 long term Short to 2.9 to 3 .. As long as Copper remains below 4.45... best swing trade will be shorting copper.. till 3.0 Dollars
H & S target also point to this level 2.9 to 3 . Everything changes if Copper able to climb above 4.45 recent high...
Copper HG1This is a 4 hour chart. If a golden cross comes out and the swing-up is done well, an uptrend can be expected, but there is a risk of a decline if it fails to break through the 200MA or if it does not receive proper support.
Copper Futures 1M chartThe first wave of Fibonacci extension that started in March 2020 seems to have peaked. The next level is located far above the sky. It's not a strange position to be down here. Well, looking at the 1-hour chart, there is no upward momentum yet. This is a very large timeframe. So, don't take too much into consideration for the current trading. I'll keep watching and update
perfect strategycopper going down according to my strategy
dont hesitate to send msg asking for the market u want
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