copper is in side ways on the major time frame for smaller time frame we can opt to trade buy low sell high tactics on the lower time frame we had a long upside trend then price went to small sideways days as a buildup it looks good and on the contary there will be chance price creating a pullback on the breakout from upside we will avoid as there will be...
724 - 726 is the first zone for buying 723 -721 is the second zone for buying this is when you buy price in two halfs by spiliting quantity the above fva > fair value area is likely to retest but ive considered the last the two area by considering the confluence of fib 0.5 to 0.7 level which are = with our fva for resistance we have 744- 746 which is good...
we can see falling wedge with vcp pattern with consolidation in this script with good divergence, if this resistance is taken out we can see all time high
Bullish ABCD In Copper Buy PRZ - 702/703 SL - 698.5 Target - 710/713
Bearish Butterfly In Copper Sell PRZ - 731.25/731.7 SL - 734.1 Target - 728/726.5
Bullish Shark Buy PRZ - 715/713 SL - 704.9 Target - 735/747 Bullish Alt Shark Buy PRZ - 694/691 SL - 688 Target - 735/745
Uptrend channel broken and waiting for retest for fresh sell trend. Note: Always try to find a good price action patterns or any candle stick patterns in marked zones in smaller timeframe to take entry with small stop loss. Disclaimer: Im not tip provider and this chart is not indented to take trade in my levels. It is all your own risk.
MCX:COPPER1! Everything mentioned chart ones get breakout, one can enter as per their trade setup. Target already mentioned and that is trailing basis, stop loss recent swing low. ******whatever charts or levels sharing here or on any other platforms are just for educational purpose only, Not A Recommendation To Buy Or Sell. Please...
All good if they stay above 4.4625 RSI also under 60
MCX:COPPER1! Copper sell given @ 709 with a second target 692, Check out the levels !! Have a Happy Trading !!!!
it will touch the trend line in future for sure. target $6 in next 2 years
need to get out of the box. safe zone is above 4.19.
support at 4.09- 4.02 - 3.82 upmove only above 4.24
it has 2 months to go upwards. should not go below 4.2 this time to stay inside the falling wedge triangle.
breakout level is 145. hopefully it will cross all limits this time & doesn't come down again to test the BO. targets 250-330. will revisit this chart only above 220.
it need to break out of the channel for a potentially big upside
support at 4.39-4.27 target 4.49-4.58-4.72-5.11