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Copper Futures (Jan 2023)Copper Futures (Jan 2023)Copper Futures (Jan 2023)

Copper Futures (Jan 2023)

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HGF2023 trade ideas

Copper MCX ready to go near 720 recent low is very strong suportOn Our Harmonic pattern indicator based trade setup take trade as explained below :- Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target , When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% .. Please note:- It's working on news based and volitile market very well so exit if SL hit
MCX:COPPER1!
by JaiPrakashShuklaHarmonicTrader
COPPER On the Hourly time frame of Copper, I have noted the following indications. 1.The downward momentum has been waning. 2. There is a Bullish divergence on momentum with each Lower lows. 2. We can see a clear inverted H&S pattern on joining the previous highs. 4. Now, there is a breakout and retest of the downward trendline with a volume increase during the breakout. 5. There is also a "W' pattern formation after the breakout and retest. Which is a continuation pattern. 6. If the price holds the retest and shows a reversal candle stick formation, This could be a bullish reversal. 7. The first target for price is around 740.
MCX:COPPER1!Long
by vtel123
1
Copper MCX ready for upside move 3.5 to 4 points profit running On Our Harmonic pattern indicator based trade setup take trade as explained below :- Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target , When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% .. Please note:- It's working on news based and volitile market very well so exit if SL hit
MCX:COPPER1!
by JaiPrakashShuklaHarmonicTrader
Copper Future Elliott waveHi all this is copper future analysis on basis of Elliott wave analysis. If you see copper on larger time frame like 1 weak, this is making Failure irregular Flat or could make contracting triangle.( Failure irregular flat consist of 3 legs-ABC) or if it is making contracting triangle, it will have 5 legs ABCDE, as of now it has completed C leg, if this is failure irregular flat, then market price will rally upward sharply once there is support of volume can be seen on larger time frame, if this is contracting triangle then we will see D leg and E leg which will be time consuming and after that it will rally only the widest part of 70-120% like can be seen as A wave. Buy -721.10 Target-730 SL- 2 ATR
MCX:COPPER1!Long
by Sanjay_1206
Copper till 720 not break Sell on riseOn Our Harmonic pattern indicator based trade setup take trade as explained below :- Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target , When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% .. Please note:- It's working on news based and volitile market very well so exit if SL hit
MCX:COPPER1!
by JaiPrakashShuklaHarmonicTrader
1
Copper Future elliott and neo waveHi all this analysis is based on Elliott wave and NeoWave concept. we are elongated flat correction at 1 month time frame, or we are in 4 th wave which is corrective wave once 4th wave is complete, we can see 5thwave which is fib extension of 3 start and to 3rd wave end and project till 4th wave end. so, we will get 0.618% that will be the 5th wave target. as of now we are in corrective phase of 4th wave or else X wave. once correction pattern is over, we will see another leg moving in upward direction as ABC or 12345. Trade setup for long term. Buy above-760 Stop loss would be 2ATR target:-887 Target 2-1038
MCX:COPPER1!Long
by Sanjay_1206
1
Copper till 716 not break buy on dip 743 Target On Our Harmonic pattern indicator based trade setup take trade as explained below :- Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target , When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% .. Please note:- It's working on news based and volitile market very well so exit if SL hit
MCX:COPPER1!
by JaiPrakashShuklaHarmonicTrader
Copper MCX | Waiting for the BreakoutCopper MCX: We're currently witnessing Copper in a range-bound movement, specifically within the 695-720 range. This zone doesn't offer a clear trading opportunity as of now. To avoid potential traps, it's crucial to wait for a breakout and a sustained move beyond this range before considering any trade. Breakouts often signal a change in market sentiment, so patience is key. For those who prefer more aggressive setups, there's a slightly riskier approach: consider selling near 720 and buying near 695. This approach carries a lower risk, but remember to manage your trades cautiously. Stay informed and trade smart!
MCX:COPPER1!
by iamrk7
Copper trading idea (best for swing)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 bearish fair value zone to for short makers and only long can played on pullback with the help of fib we can figure out the right zone to go long for further updates ill post them in comments
MCX:COPPER1!
by Jimmy_Rebello