Cyber Monday saleUp to 70% OFF

Mcxcopper

Copper looks Bullish possible Elliott wave countsHello Friends, Here we had shared possible Elliott wave counts on copper international chart. Good thing is wave counts are aligned with each others in multi time frames, Over all it looks good to go long as per wave structure, whole scenario is shared in this video post, so please go through out this video post to understand the Analysis of copper as per Elliott waves theory. I am not Sebi registered analyst. My studies are for educational purpose only. Please Consult your financial advisor before trading or investing. I am not responsible for any kinds of your profits and your losses. Most investors treat trading as a hobby because they have a full-time job doing something else. However, If you treat trading like a business, it will pay you like a business. If you treat like a hobby, hobbies don't pay, they cost you...! Hope this post is helpful to community Thanks RK💕 Disclaimer and Risk Warning. The analysis and discussion provided on in.tradingview.com/u/RK_Charts/ is intended for educational purposes only and should not be relied upon for trading decisions. RK_Charts is not an investment adviser and the information provided here should not be taken as professional investment advice. Before buying or selling any investments, securities, or precious metals, it is recommended that you conduct your own due diligence. RK_Charts does not share in your profits and will not take responsibility for any losses you may incur. So Please Consult your financial advisor before trading or investing.
COMEX:HG1!Long
by RK_Chaarts
2
#HG # COPPER set to rally 15-20% up out of a triangleCopper has been correcting sideways since the May '21 high. The correction has taken the form of a triangle and the internal waves of the triangle show the expected 3 wave alternating movements. The recent low of 4.25 has a good chance of being the terminal wave e of the triangle. There is also a possibility that we are still in wave d and wave e is yet to form ( see alternate dotted path). If this is the case then wave e will be delayed but will still be expected to be above wave c low of 4.13. Either way, the triangle has just been completed or will do so soon. A close above the upper trendline should validate the strength and result in Copper moving 15-20% up. Targets are between 5.25 to 5.45
COMEX:HG1!Long
by SolomonsView
#COPPER #HG - Bearish interpretation with 3.55 potentialCopper's long rally from under 2.00 to 4.95 has been stalled and we have had a sideways move for the last few months There is very good support at the 4.05 area, but one of the Elliottwave interpretation allows for a rapid fall to the 3.50 area. What is visible is an a-b-c down move from May to late Jun in Wave A followed by a sideways triangle wave B. If this labelling is right we should expect a slide through the 4.05 support onto the 3.5 levels. From the current levels this is a 1:3 R:R trade
COMEX:HG1!Short
by SolomonsView