Copper inverted to dollar. Inflation to Deflation.Copper inverted to dollar. Inflation to Deflation.
XCUUSD trade ideas
Copper : CMP 4.28Copper Is completed Correction on daily time ... Due to view varient of corona virus is pressuring this commodity...Can go long with SL 4.15 for target 5.10
COPPER GEOMETRYTwo pitchforks target of 3.5
But i think it goes there pretty soon
It might consoliadate around there until the dollar pamp is over
Pretty safe short
But do your own DD
Real inflation may occur one day but it's not now lol
Copper Triangle BreakoutCopper had a triangle breakout few days ago, it is providing a long entry again as the price is currently retesting the breakout post having a minor correction. Risk reward remains highly favorable given the current setup.
Copper Long EntryCopper has Fallen in price towards a key support level as well as a trend line that has been respected multiple times. The RSI levels are also in oversold conditions at the moment, with all of these factors in play it seems likely that the price will go up from here. The targets for copper to the upside are at the recent highs of 4.4420 which is a heavy liquidity zone. The stop loss area for this trade is at a recent low of 4.052.
COPPER - Forecast (sell then buy)/*Take it at your own risk*/
Price Action: Price has been extremely bullish from the 19 March 2020 to the 10 May 2021. We can see almost a year of bullish momentum. From the 10 May 2021 price seems to be correcting and allowing sellers to sell. If we are correct with the bullish momentum then we will be looking at buying when sellers are confident in there bias. We might see it happen around that buy zone box.
Technical Analysis: Looking to complete a regular flat following that downward channel. I believe that price has been accumulating buy orders within that blue box to validate the sell.
Fundamental Analysis: Have an eye on the news or economic calendar....
Manage you risk always
Trade idea with LT
Copper chart updateAs we can see clearly the very nice megaphone and the test of the bottom again. To me looks like POC is holding and my bias is to the upside and a possible breakout.
This is my own opinion though.
Key points are highlighted to both up and down sides and clear points to watch for easier decision making.
As always good luck and patience is the best indicator in your tool bag.
I NEVER EVER HAVE FOMO as there is always a great trade to be had somewhere.
Reduce your risk by increasing your patience
COPPER (XCU/USD) – Week 46 – Heading towards the resistance.In the coming week, we anticipate the price to reach the resistance area highlighted on the chart. We expect this move to have corrective nature.
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 re-touch fib 0.618, buyCopper 2nd touch fib 0.618 and able to hold by the structure, can long now. Aim 5.00
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.
