Bullish Reversal - Hammer On Weekly TF Buy At Cmp - 709.75 SL - 689 ( Weekly Closing Basis ) Target - 745/760 Conservative Traders May Wait For 700-702 ( May Or May Not Come )
COPPER made inverse head n shoulder pattern on an hourly chart with decent OI & also near its strong resistance zonce of 715. If copper breaks past 715 then buy with mentioned stoploss & target. Risk:Reward = 1:2
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...
Bearish Harmonics In Copper Using As Buy Opportunity. Sell PRZ - 783.6/786.6 SL - 799 Target - 755/745 If Breaks 799 then next PRZ - 812.4 SL - 815 ( Day Closing Basis ) Target - 770/757 If Breaks 815 then next PRZ - 863.95 SL - 886 ( Day Closing Basis ) Target - 802/782
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
Copper current scenario trade with the given levels and pattern . Follow for more thank you
mcx copper sell possible up to 580 560