Copper is sitting at the support zone after a steep fall. Good chance that the mean reversion will lead to some rally and also the fact that we have the daily supports here will help that.
turmeric chart suggest ba ck to back monthly gains ideally the trend could continue with retracements in between it is following an upward sloping trendline on higher frame the trendline its following comes straight from 2007 thus suggest a strong validity of the same
Hello Friends, Here we had shared possible Elliott wave counts on copper international chart. Good thing is wave counts are aligned with each others in multi time frames, Over all it looks good to go long as per wave structure, whole scenario is shared in this video post, so please go through out this video post to understand the Analysis of copper as per Elliott...
Bullish ABCD In Copper Buy PRZ - 702/703 SL - 698.5 Target - 710/713
Attached: COPPER/ SILVER Daily Chart as of 20th June 2023 The Ratio has given a Breakout from a Cup & Handle/ VCP Pattern today Within the Commodity space it appears that Base Metals are doing better than Precious Metals And so this Ratio can head higher to retest the 0.5 Fibo retracement level as the 1st Upside Target (marked on chart with arrow) Technical...
Bearish Butterfly In Copper Sell PRZ - 731.25/731.7 SL - 734.1 Target - 728/726.5
Copper has just crossed above a key pivot level on the hourly time frame. This levels has been tested on both sides as support and resistance earlier and hence it is an important level. The next level is roughly 2% away, thus it is logocal to think that we can get a rally of roughly 14 point in copper in mcx from here. The mcx copper is at 731 and hence the target...
Copper has just crossed above a key pivot level on the hourly time frame. This levels has been tested on both sides as support and resistance earlier and hence it is an important level. The next level is roughly 2% away, thus it is logocal to think that we can get a rally of roughly 14 point in copper in mcx from here. The mcx copper is at 731 and hence the target...
COT reports slowly edging in bullish territory (May Still take a week or two). Daily Momentum also trying to turn UP. Price taking support at 200 Weeks MA. I will be looking for Buying Opportunities in Copper , in coming Weeks/Months. But a bit of Patience is the Key Here
Weekly structure is bullish Daily timeframe has tested it's demand zone with positive feedback 4HR has shifted to bulllish structure
Hindalco Swing can be taken for following reasons : 1) Weekly Timeframe has tested it's demand 2) Daily Timeframe has tested it's structure 3) 4HR has switched to its bullish structure
Candlestick with Trendline with Moving average with Chart pattern with Elliott wave with Harmonic patterns study with copper i just want to show here it does'nt matter what you know what you use.its important how perfect you are in your study. why i ve buy this @ 620 on sept expiry. and what my next view...
You can take the swing for following reasons : 1) Weekly Timeframe is in demand zone and in weekly structure 2) Daily Timeframe is also in demand zone and is tested daily structure 3) 4HR has also shifted to bulllish structure
Bullish Shark Buy PRZ - 715/713 SL - 704.9 Target - 735/747 Bullish Alt Shark Buy PRZ - 694/691 SL - 688 Target - 735/745
Hello Friends, Here we have shared possible Elliott wave counts on 4 hourly chart of COPPER, in which we can say that still selling pressure may continue for some while, because now possibly we are in complex correction phase as wave ((w))-((x))-((y)), in which we had completed ((w))-((x)) and now possibly we are unfolding wave ((y)) in which subdivisions are...
copper sustain blw 775 sell only soon 762--55 sl 780 or zinc blw 250 sell only soon tgt 246 sl 253 --- see all low hit tgt hope u enjoyed now again eveng time will more update after chart formation
Hello Friends, here we had shared possible Elliot wave counts of copper on hourly time frame chart, in which it is showing that after impulse move as a wave 1 we are unfolding now correction waves as a (w) - (x) and (y), in which we had already finished and completed wave (w) and (x) now possibly we are in wave (y) of one bigger degree wave 2, so wave (y) may give...
sell zinc stya bwl 252 sl 255.55tgt 248-- copper also blw 770 dwn only slel onlyyyyy with tight sl 775 tgt 762--55