Copper Shorts for 13:12:20 (UTC) Wed May 27, 2020Copper Shorts for 13:12:20 (UTC) Wed May 27, 2020CShortby TayFxUpdated 24
$2.50 Copper Shorts Incoming? Hi Traders, A Quick update on my thougts for Copper, I will be looking for short opportunites around the $2.50 level. Multiple supply zones align at that level together with .618 Fibonacci, an additional confluence is the psychological price of $2.50 which will act as resistance as well. Best, Don DeeskerShortby DonDeesker228
XCUUSD bounced from support, potential for a further rise! XCUUSD bounced off 2.36914 where it could potentially rise further to 2.52549. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks. Longby Tickmill7
XCUUSD bounced from support, potential for a further rise! XCUUSD bounced off 2.36914 where it could potentially rise further to 2.52549. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks. Longby Tickmill7
XCUUSD bounced from support, potential for a further rise! XCUUSD bounced off 2.36914 where it could potentially rise further to 2.52549. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks. Longby Tickmill10
XCUUSD bounced from support, potential for a further rise! XCUUSD bounced off 1767.712 where it could potentially rise further to 1666.854. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks. Longby Tickmill119
XCUUSD bounced from support, potential for a further rise! XCUUSD bounced off 2.36914 where it could potentially rise further to 2.52549. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks. Longby Tickmill6
XCUUSD bounced from support, potential for a further rise! XCUUSD bounced off 2.43030 where it could potentially rise further to 2.52549. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks. Longby Tickmill5
XCUUSD bounced from support, potential for a further rise! XCUUSD bounced off 2.36425 where it could potentially rise further to 2.52549. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks. Longby Tickmill9
XCUUSD Ito climb from upside confirmation, potential bounce! XCUUSD to climb from its upside confirmation at 2.42679 where it could potentially bounce further to 2.52549. Price is testing our resistance where a break above this level would provide the bullish acceleration to our first resistance level , in line with our 61.8% fibonacci retracement and horizontal swing high resistance. Ichimoku cloud is also showing signs of bullish pressure in line with our bullish bias. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.Longby Tickmill10
Clearing one hurdle at a timeFor now, it looks more likely to fall than rise. Shortby dchua1969Updated 2
XCUUSD bounced from support, potential for a further rise! XCUUSD bounced off 2.32788 where it could potentially rise further to 2.38794. We remain bullish as price is bouncing nicely off our first support in line with our 78.6% fibonacci retracement where we are expecting a further push up to our first resistance level , in line with our 61.8% fibonacci retracement and horizontal swing high resistance. Stochastic is approaching support as well. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks. Longby Tickmill11
XCUUSD bounced from support, potential for a further rise! XCUUSD bounced off 2.31654 where it could potentially rise further to 2.42376. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks. Longby Tickmill9
Copper Bearish Set-upBearish set-up for the Copper. Looking strong on momentum from higher time frames. *Welcome; welcome to those who've recently joined us, I hope you will find our set-ups useful. Please remember to approach our set-ups with your added analysis and alerts, - never to treat a set-up as a trade. Wishing you successful trading and all of the best. :)Shortby UnknownUnicorn1460715
An indicator for the bullish marketCopper as many already know is used as an indicator for the stock market, NOT the economy. Chart shows persistent buyers pushing up the price and eventually on 7th attempt, they succeeded. A good chance to accumulate or get in for those who have not is to wait for the pull back. Now, we won't know how far it is going to retrace but we indicated 3 areas as shown on chart. Wait for the price to come to you, don't chase. If the price retrace to the 3rd red arrow, around 2.30, you would be in for a pretty heavy paper loss.Even if it rebounds later, watching your portfolio turning red daily is not a good thing. Let's learn to be more patient with the Market. Longby dchua1969Updated 6
Channel in Copper XCU, buy opportunityCopper battling with the 50 Daily EMA while finding support at the bottom of the channel. Note we are clearly making higher high's and higher low's . Trade the trend. Opportunity to buy, but first wait how it deals with the EMA. Longby pptw5
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 Tickmill7
Copper: Inflation is manifested in asset prices...for nowCopper is acting strong here, so far the 2 day timeframe had captured a good rally here, and subsequently spotted the bottom of the correction after it hit the target. There is another signal active here, similarly to the price action shown in stocks. I expect copper to rally until the end of May easily, upside targets are on chart and are valid while it holds over 2.288 or time runs out, whatever happens first. Ray Dalio's cash is trash idea is starting to materialize (albeit a bit too early sadly for him). Cheers, Ivan Labrie.Longby IvanLabrieUpdated 14