HGS1! trade ideas
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
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!
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
copper Mcx Hammer candle on monthly of may month lows if holds on to 690 on weekly closing bases can see sharp up move by this month 740-750 levels .
A triangle about to breakSince Copper is in a consolidation , A Break out or breakdown from the support / resistance trendlines could trigger an impulse move on those sides respectively.
With resistance around - 712 - 714
With Support around - 702 - 700
Is it ready to flying✈️✈️✈️✈️✈️✈️Looking this commodity charts, bull's will definitely attention⚠️ on this
Wave 5 is continue
Very soon we can see sharp reversals on it
Don't buy now only observe this charts actions
Copper mcx break down of Symmetrical triangle view turns bearish only positive on closing above 750 weekly close sell on rises down side target 650-625 in next 2-3 month view fails on closing above 750 levels on weekly bases with volume
sell copper 705--706 sl 707.80 tgt 701--696sell copper 705--706 sl 707.80 tgt 701--696 looking copper spot blw 3.62 dwn only sell woth titgh sl looking dwn side move
Copper Swing Opportunity Hi All - good opportunity to go long on Copper Futures for short term in 1h chart.
Key Highlights:
1. Bouncing off support zone with good volume
2. Showing good strength
3. Good risk and reward
Copper views -Dt-21/09/2023As 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".
long tradeentry above 735.65 for target 736.7 and 741
reasons - resistance breakout
supporting indicators - rsi + fibo
disclaimer - trade @ owm risk
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
Foundation built in copper@ 720I m very bulish on copper due to ev segments busting in automobile industry
Wide range of band is 720 to 760
Buying starts with strict stoploss of 720wclb
My target is 760/800
copper long tradebuy 733.40 there is gap on 5min chart (a gap is a fair value area) can create a buying retest
723.25 stop loss and two target 735.50 and 737.50
Copper Long The chart is annotated. Copper is at a good support with the oscillators oversold. Looking good for a bounce from here.
mcx copper update blw for this week mcx copper ------ its consolidated zone start eys on 747 if sustain abvthan mkt go to 751--52 than after 752 abv 757+++ ys hurdel 767 only abv fresh boom only where support 738 if stya blw trhan again dwn 734.90--731++ expect-- copper spot will also move
Focus on copperVery low inventory of stock, higher demand in ev segments, I m very bulish on this commodity
For intraday my stoploss is 438 first target is 445 and then 455
Copper aug 🌟🌟buy 733 stop 730 tgt 👇👇Tgt1 737
Tgt2 740
Tgt3- 747
From here upside shown 733 to 740 sure ..risky tgt 747
Look for OpportunityOn 30 Min candle charts if price break support
Possibly reach to the 1st target
As on chart
copper long trade plan (mcx)copper on 1 hour chart made a textbook head and shoulder pattern and the head was exactly at pin point rejection with resistance zone of 756-762 lvl
after completing the HnS pattern price made pullback , which was exactly rested on fib lvl of 0.5-0.6 in between which projected the price towards down side of 716.50
also there is one trend-zone coming from higher time frame acting as support
with this two confluence we can initiate long side trade
Possible break OutPossible break up in copper on 30 minute candle chart
Break previous support and near the pivot line
Take resistance from higher level
Copper Short Trade SetupCopper Prices facing rejection near the resistance of 735 expecting a fall to 729.80.
