copper buying level 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 risk to reward
Coppersignals
Copper Extremely Bullish on monthly chartsOn the Monthly charts, I can see copper extremely bullish, targeting at the upper band of the BB. Try to go long on, the lower tf, then keep on trailing stop & taking multiple entry after every profit booking & avoiding shorts at all. Every dip should be used as an opportunity to go long, follow the divergence on the lower tfs. Then take longs following your trading systems. Flag pattern can be seen on the 12d chart & weekly as well.
Here's Why MCX Copper Yesterday Moved DownLong-term Investors:
Copper has broken March 2020 resistance trendline, and true resistance breakout is a clear signal to buy. Target prices for long-term traders: 760 - 800+
Intraday Traders:
But at present, MCX copper can pullback to the previous resistance line to continue an uptrend. So, intraday traders can sell for the following targets: 690 - 680 - 676