Copper Positional Buy Weekly (1:3) Monthly 1:5 Ratio This is just to share my understanding and for educational Purpose.
I prefer simple and apt technical. If you like it. Please share your feed back, this would encourage me to share further.
Copper
COPPER COPPER AFTER HAVING SUFFERED WATER FALL SLIDE HAS BROKEN THE PENDANT PATTERN IN DAILY & HOURLY CHARTS
PROGNOSIS IS THAT IT MAY TEST THE NEAR BOTTOM OF 2.0
Copper (XCUUSD) buy setupBuy Copper at CMP (2.67+) and on dips upto 2.65
T1: 2.78
T2: 2.85
T3: 2.94
SL: 2.599
Copper hourly chart analysis - Channel and megaphoneCopper hourly chart analysis - Channel and megaphone
Copper buy setup - Bounce at historical supportBuy XCUUSDat CMP (2.66+) and upon dips upto 2.55
T1: 3.30
T2: 3.66
T3: 4.14
T4: 4.65
SL: 2.44
GOLD trade setup ( 18 months view)looking at the chart and price action combining fundamentals together I see gold could almost reach near to life high ( no where i say it will make a life high) IN NEXT 1 AND HALF YEAR ( 18 months) time period
Copper analysis - Right angled ascending broadening patternCopper analysis - Right angled ascending broadening pattern
Copper 4H chart study - Currently facing strong resistanceCopper 4H chart study - Currently facing strong resistance
copper reversal trade ( with small stop loss) risk reward as far as i think its good in long trade , then to go short ,
i can be wrong but its fine , as the sl is small , while in short trade i might get stuck ! and reward nthere is clearly undefined !
