Copper 200 DMA - bis repetitaSince the last post in November, Copper went sidelines despite some false upward and downward breaks. The resilient support of the 200 DMA is however outstanding. Let's see if this time will be "the one". Tic, toc, tic, toc,....Longby Bakou0
Leading Indicators not bullish, slow deterioration observedReviewinig the Leading Inidcator Weekly panel... The JNK has a Sell signal, retraced and may break down to a lower low target, as previously expected. Not yet happening, but with a lower high, the bias is closer to the downside. The IWM (Russell 2000 ETF) also has a Sell signal and lower high. Waiting for a lower low confirmation with a break of support. The DJT is also similar. The Value Line failed to close the recent gap, suggesting downside bias. The TIPS clearly broke down through two support levels with a system Sell signal. So this one committed. All the above have MACD technically bearish bias. The TLT is oddly breaking down too. No comments about this at this point of time. Just unusual. The VIX is also unusually complacent, being <20. Technically seeing a possible spike some time in the next two weeks or so. I just added the Copper futures in the panel... according to Russell Napier, Copper futures is also one of the leading indicators we can use. For now, it is ranging and not committed to any trend. I hope we get some committed trend soon! Stay safe!by Auguraltrader2
Trading In The Copper TriangleIn this update we review the recent price action in Copper and identify a high probability trading pattern to take advantage of0by Tickmill5
double top on copperhere folks we have a double top on copper and when looking at the DXY weakness this makes sense with the little push we are getting though this is seemingly weak compared to the magnitude of the DXY move. This leads me to believe that we'll see a reversal on DXY soon or we just invalidate this weekly double top and push higher Shortby moonman7770
Copper Commodity IndiaSun Storm Investment Trading Desk & NexGen Wealth Management Service Present's: SSITD & NexGen Portfolio of the Week Series Focus: Worldwide By Sun Storm Investment Research & NexGen Wealth Management Service A Profit & Solutions Strategy & Research Trading | Investment | Stocks | ETF | Mutual Funds | Crypto | Bonds | Options | Dividend | Futures | USA | Canada | UK | Germany | France | Italy | Rest of Europe | Mexico | India Disclaimer: Sun Storm Investment and NexGen are not registered financial advisors, so please do your own research before trading & investing anything. This is information is for only research purposes not for actual trading & investing decision. #debadipb #profitsolutionsby Sunstorminvest0
Copper Futures Reversal TradeIt has reached the lower trendline and looks to reverse by taking support. Going Long would be a good idea. Target is placed Near Resistance, Stop Loss is placed below trendlines, support zones and 200 EMA.Longby tradewidmufeeth4
HG ( COPPER ) MAKING A TRIANGLEHG ( COPPER ) making a triangle on a Primary degree 4th. We are on a D wave of the triangle. Most probably we finish A wave of D wave as a preferred count (Projected by the black line) and we are coming down to making a B wave. On another side of the analysis as an alternative (projected by the red line)we are on an A wave and we are going upside a little bit and we finish the A wave then we will come for a B wave. Copper take more time to finish the triangle and after that, we can see a new high on an HG for primary degree 5th. DISCLOSURE - Please be informed that the information I provide is not a trading recommendation or investment advice. All of my work is for educational purposes only. All labeling and wave count have been done by me manually and I will keep changing according to the LIVE MARKET PRICE ACTION. So don't bias, hope on my trade plans. Try to learn Elliott Wave or other strategies 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. #HG #COPPERby anantadhungana335
Short and Rebuy A good alternative to possibly introducing a Hsort position. Copper should then ricochet off a circulated resistor, which can then be bought. Copper should also receive a price increase due to the recurring inflation.Longby Heinisch_21080
Short and Rebuy A good alternative to possibly introducing a Hsort position. Copper should then ricochet off a circulated resistor, which can then be bought. Copper should also receive a price increase due to the recurring inflation.Shortby Heinisch_2108220
Copper Commodity USA Sun Storm Investment Trading Desk & NexGen Wealth Management Service Present's: SSITD & NexGen Portfolio of the Week Series Focus: Worldwide By Sun Storm Investment Research & NexGen Wealth Management Service A Profit & Solutions Strategy & Research Trading | Investment | Stocks | ETF | Mutual Funds | Crypto | Bonds | Options | Dividend | Futures | USA | Canada | UK | Germany | France | Italy | Rest of Europe | Mexico | India Disclaimer: Sun Storm Investment and NexGen are not registered financial advisors, so please do your own research before trading & investing anything. This is information is for only research purposes not for actual trading & investing decision. #debadipb #profitsolutionsby Sunstorminvest0
Call The CopperDeflationary drop incoming Action - Reaction chart Trade at your own risk G.R.I. Dec'21 Not financial adviceby Great_Reset_Investing0
Copper stage 2 continuation copper weekly looks like a Stage {2} breakout continuation in it's infancy. This weeks cross past the 30 week EMA is the first clue. Hey, is there anything goin on in the world that would cause this? Longby DollarCostAverage2
HG1! - Copper and CornersSo, is this what means: A market is cornered? ;-) OK...let's get serious...they observe us hehe... The very old top acts as a perfect resistance. Now, focus on the white pitchfork. The market overshooted the U-MLH (upper line). This is a huge stretch. In fact, if the power where there, price had to go to the next extension of the Pitchfork. But so far it mised it (HAGOPIAN) and it's just dancing on the U-MLH. What does this mean? It means, that a) the potential to take off is still in place b) the market could tank very hard and reaching at least the white centerline. The extended version of a target is simply the grey centerline. Anything else? Jep, Santa is comming! §8-)by Tr8dingN3rd1
Copper Trading The WXY PatternIn this update we review the recent price action in Copper and identify the next high probability trading opportunties0by Tickmill2
Waiting for neckline to break to release the bearIn progress forming double top. once it break below the neckline at 4.12, we may see more downside. Price is at the Moving average junction. Shortby probabilityta0
Copper FuturesI'm looking for buys at H1 demand zone, for short term we can sell from M15 supply level...Always look for LTF confirmation before taking tradesLongby TMKFX110
Copper Futures: Have You Seen The Chart?At an inflection point as it risks losing it's 200-day simple moving average. Umpteenth test of the level, which increases downside risk. Watch your step with this commodity. by LD_Perspectives221
wicks to the upside off a key levelWe should have a nice short term trade to the downside. Wicks and bouncing off resistance.Shortby philstodd840
Copper looking for 3.32 to 3.82 wave Y correctionCopper looking for 3.32 to 3.82 wave Y correction Previous ABC fall is 80 cents and using that Y target could 3.82 if fall is similar to previous fall of 80 cents... if we have deeper correction say 1.618 retracement of previous move...target would be around 3.32... I will be keeping daily 50 dma as stop loss...Shortby karagis75Updated 112
$copper going to absolutely fly. Massive backtestdeep ih&S was actualyl backtesting deeper shells ina. giant bullflag. She's gong to fly. Safest entry is here-ish ith a tight stop-leooss adn exit before the turn up high.by UnknownUnicorn131728794
COPPER Buy signalPattern: Channel Up on 1D. Signal: Buy as the price is rebounding on the Higher Lows (bottom) trend-line of the Channel Up while the MACD just formed a Bullish Cross. Target: 4.980 (the 1.236 Fibonacci extension). -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------Longby TradingShot2252
JICPT| Copper likely to rebound from 11% drop(Range measure)Hello everyone. Copper got my attention of looking for potential long opportunity after dropping by 11% . The reason is as below: 1. Economic recovery(Macro) 2. Price fell from top of range numbered 4 to retest bottom of range numbered 2. 3. solid demand zone with flip structure. The issue is the red downtrend line. If copper can take that line out, it's likely to challenge previous high. What do you think? Give a like if you're with me. Longby JICPTUpdated 5
Copper 200 DMA againAfter several attempts, we are again above the 200 DMA. Interest rates movements these last weeks, as well as inflation expectations, were somewhat clumsy with the market changing its view several times (ED futures now indicate 3 hikes in 2022). Along with that and worries over Chinese new policies, no clear trend was able to materialize in Copper. Now that we've passed Chilean elections, perhaps comes the time to resume uptrend. If the tenacity in staying above the 200 DMA is a sign, it is a new opportunity to go long. Any downturn under this MMA would infirm hopes again.Longby Bakou2