As we can see from Dec to Feb price touch 3.93 level 3 times and fail. 1st time it create a bearish engulfing second time bearish harami. third time shooting start. if price break and close below 3.719 level then we can see a target of 3.5598. resistance 1: 3.93025 resistance 2: 3.96299 Support : 3.55981
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...
As per my views , i can see copper in down trend, which it could go 700. In higher time frame it is visible "Head and Shoulder pattern".
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
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
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...
Big shorting opportunity in COPPER . As per monthly chart of COPPER , 3.8755 USD to 4.3165 USD is strong resistance zone ( supply zone) . From this zone sharp selling should come. 1.9915 USD & 1.2780 USD should be the two important targets downside. First target of 1.9915 USD will come till April 2024 & second target of 1.2780 will come till February...
MCX:COPPER1! #MCX:COPPER Levels for Practice. Happy LEarning !!
Copper has given breakdown along with good intensity of volume, also formed 5 wave declined as a wave i after forming triangle as a wave X, wave ii has retraced very minor pullback, and now possibly wave iii is unfolding, which is making sentiments more bearish along with trend indicators supports in same bias, all the key levels are mentioned on chart. Overall...
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.
Copper has broken its support of 790 which is signal of short call. Sell Copper at 793 for a target of 785.
I trade in Indian Commodity Market and provide regulare trading tips. SELL COPPER on MCX with a STOP LOSS of ₹ 725 for a TARGET of ₹ 700. Curently copper is trading around 719. MCX:COPPER1!
MCX:COPPER1! Copper sell given @ 709 with a second target 692, Check out the levels !! Have a Happy Trading !!!!
Feels like a fall as per my technical analysis. Sell copper around CMP (712.45-712.5) SL>719.3 TGT as marked Note it's not an intraday trade. Disclaimer: These are just my views, I am only SHARING my views - kindly do NOT trade blindly with these levels, please do your own research before entering/ or as per advice from your own financial adviser.
mcx copper sell possible up to 580 560
Price reaching reversal area that is supply zone. Was a good buy trade from the support, in no time price reaches the resistance levels. Look for sell trade if rejects from the supply zone.
Copper is on sell. Weekly Target 509/505/502. Intraday spike for buy will be nullified by a major sell-off in the weekly scenario. We can see 505 by the weekend.