Copper Volume Contraction - Symmetrical TriangleCopper Metal consolidation is going on.
Symmetrical Triangle on Weekly basis.
Chances of breakout are on a higher note.
Due your own diligence before putting step inside market.
Contract highlights
Copper 831.25 Levels BreakoutCopper Analysis:
Fundamentals/News: China Stimulus package, ignites buying pressure on metals.
Price Trend: Copper is in upward sideways trend. We will look for buy opportunities at pull backs.If it is upward trend we would buy at current market price. Since Upward pressure is not that intense
Copper yesterday get huge profit buy on dip until 820 not break Disclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
ENTRY -
When price breaks Trailing SL (SL 23.6% )retracement Which is SL points then take En
Copper buy on dip until 811 not break 838,848,855 Target Disclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
ENTRY -
When price breaks Trailing SL (SL 27.2% )retracement Which is SL points then take En
Copper 790-787 fall will come then bounce possible avoid buy tilDisclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
ENTRY -
When price breaks Trailing SL (SL 30 % )retracement Which is SL points then take Ent
Copper sell given at 825 ,807 Target sell on rise SL 817Copper sell trade given below 825 , 807 Target hit enjoy huge profit.
Still not buy signal appear on harmonic pattern sell on rise unti 817 not break downside Target 803 ,801 ,795
Copper break support sell on rise newr 830 or below 820Disclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
ENTRY -
When price breaks Trailing SL (SL 23.6% )retracement Which is SL points then take En
Copper buy near 825 SL 820 Target 833,845,855Disclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
ENTRY -
When price breaks Trailing SL (SL 23.6% )retracement Which is SL points then take En
COPPER MCX Copper is unable to close below 670 levels in last 5 month narrowing its range and volatility in last 5 month .It is also trading close to important monthly support rising trendline . good for investment 6-12 month opportunity with support 670 monthly closing .if sustains above 850 on monthly cl
Copper again bounce from support 825 until 820 not break buy dipDisclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
ENTRY -
When price breaks Trailing SL (SL 23.6% )retracement Which is SL points then take En
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Displays a symbol's price movements over previous years to identify recurring trends.
A representation of what an asset is worth today and what the market thinks it will be worth in the future.
Frequently Asked Questions
The nearest expiration date for Copper Futures (May 2020) is May 27, 2020.
Traders prefer to sell futures contracts when they've already made money on the investment, but still have plenty of time left before the expiration date. Thus, many consider it a good option to sell Copper Futures (May 2020) before May 27, 2020.