XCUUSD trade ideas
Copper is approaching support, potential bounce! Price is facing bullish pressure from our ascending trend line and first support level where we could see a further rise up to our first resistance target. Ichimoku cloud and 20 period EMA are showing signs of bullish pressure as well.
Copper is facing bullish pressure, potential for further upsidePrice is facing bullish pressure from our ascending trend line and first support level where we could see a further rise up to our first resistance target. Ichimoku cloud and 20 period EMA are showing signs of bullish pressure as well.
XCUUSD Imminent Breakout!?Dear traders,
Copper is testing the upper resistance of a giant bullish pattern. The 100% measured move is at around 4 USD. Please see the chart.
If it successfully breaks the second resistance, a new bigger pattern will form and the target could be much higher.
Will update this trading setup if it plays out! Stay tuned!
HakoneDream
Correction in Copper Almost Over! - Elliott wave analysisHello traders!
Copper is slow and overlapping from the high so we see market in a corrective set-back. Ideally that is a wave four which may try to find support now at the rising trendline. As such, be aware of a new continuation higher, especially when/if upper line of a corrective channel support is taken out.
Trade well!
Copper is testing resistance, potential reversal Price is facing bearish pressure from our first resistance and descending trend line, where we could see a further drop below this level to our first support target, in line with our horizontal swing low support and 100% fibonacci extension. Stochastic is facing bearish pressure as well.
Copper is facing bearish pressure from our first resistance Price is facing bearish pressure from our first resistance and descending trend line, where we could see a further drop below this level. A break below our downside confirmation level at 2.82402 could provide the bearish acceleration to our first support target. RSI is facing bearish pressure as well.
Copper is facing bearish pressurePrice is facing bearish pressure from our first resistance and descending trend line, where we could see a further drop below this level. A break below our downside confirmation level at 2.77082 could provide the bearish acceleration to our first support target. RSI is facing bearish pressure as well.
Copper. P-Modeling Pt 1. Cajun Copper of the Black SwanWelcome Hyperspace Traveler..
A Bare Bones Simpleton Chart..
Please see the Baseline Snapshot.
s3.amazonaws.com
We just confirmed Mirror of 2008.
Major Crash Incoming, follow the laid fractal.
Thanks for Pondering the Unknown with Me,
Glitch420
Copper takes a huge breather for springboardCopper want's to take some decision about further move and gets on the rim of springboard: danger zone, probably some nose dive short, be nimble, if barrier 2,9045 can not hold
XCUUSD potential reversal!
XCUUSD expected to rise up to 1st resistance at 2.89410 where it could potentially react off and drop down to 1st support at 2.77443.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
Copper - in corrective modeCopper has moved down from resistance at 2.95 and is presently trading close to the monthly pivot.
A counter trend trade could be considered , as outlined on chart....
The Dropoff ?Friday's second last candle is the longest 4Hr candle since March, impressive. At this rate it could just go through the diagonal trendline and down to support at 2500. That would be a 50% retracement from the March bottom, and the same length as the January move.
Will be interesting to see how it goes on Monday's Asian session especially.
Just observations.
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“60 percent of the time, it works every time”
Brian Fantana
XCUUSD reversed from resistance, potential drop!
XCUUSD reversed off its resistance at 2.91817 where it could potentially drop further to 2.82579.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
XCUUSD potential reversal!
XCUUSD expected to rise up to 1st resistance at 2.93065 where it could potentially react off and drop down to 1st support at 2.86589.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
Copper ! Analysis for next few days.
Possible short from current price. Target is about 8.8200
Every analysi has a limit.
Good Luck.
XCUUSD reversed from resistance, potential drop!
XCUUSD reversed off its resistance at 2.89322 where it could potentially drop further to 2.83404.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
XCUUSD potential reversal!
XCUUSD expected to rise up to 1st resistance at 2.93167 where it could potentially react off and drop down to 1st support at 2.83404.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
XCUUSD to reverse from downside confirmation, potential drop!
XCUUSD to reverse from its downside confirmation at 2.82960 where it could potentially drop further to 2.70502.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
