sell zinc stya blw 228 dwn side 222-15 soon expectsell zinc stya blw 228 dwn side 222-15 soon expect yes ell on rise with tight sl 231.55 more update stya tuned with us wia whtsup
ZNCJ2019 trade ideas
buy zinc 230.50-230 expect up sidee 233 nearbuy zinc 230.50-230 expect up sidee 233 near buy on dips whti hurdel sl more stya tuned with us wia whtsup
sell zinc 237.50--238 looks dwn fall 233.50-231sell zinc 237.50--238 looks dwn fall 233.50-231--- yes that time looks again mkt dwn side correction as rsi bear breakout sl will be today ahigh abv more update-- stya tuned with us wia whtsup
zinc head and shoulder final leg update blwzinc stya blw 238 looks dwn 235--231 or more yes after lvl sell on rise must with tight sl 240.20 cls base may be its last leg of bear in chart if nay thing unexpected than more in trade hrs
zinc hold abv 244 support buy only soon 249-50zinc hold abv 244 support buy only soon 249-50 sl 244 yes dedcta bounce expect in chart or if hold abv 252 thna u will see massive short covring till 257+++++++++++
sell zinc stya bwl 252 sl 255.55tgt 248sell zinc stya bwl 252 sl 255.55tgt 248-- copper also blw 770 dwn only slel onlyyyyy with tight sl 775 tgt 762--55
sell zinc stya bwl 255.50 sl 257.60 tgt 254.30-53sell zinc stya bwl 255.50 sl 257.60 tgt 254.30-53 yes blw 258 looks dwn breakout only
zinc 252 hit form 258 sold gvn now h&s pattern activedzinc 252 hit form 258 sold gvn now h&s pattern will 244-33 yes weekly chart showing this head and shoulder pattern break neckline which indicate 244--233 sell on rise must if close blw 253 for 2 days
zinc abv 262.70 buy sl 261 tgt 265--67 expectzinc abv 262.70 buy sl 261 tgt 265--67 expect looks some dedcat bounce wia copper recovery
zinc support 258 stya blw or close blw 2 days big move aheadzinc support 258 stya blw or close blw 2 days big move ahead yes bear formation head and shoulder pattern begin after lvl fulfill condition sell on rise with tight sl 262 tgt 254--248++++ let see or if hold abv 258 than mkt may bounce back
zinc esy on 267 stya blw or close blw 263--256 expectzinc esy on 267 stya blw or close blw 263--256 expect yes after sell on rise with tight sl271.55-- matel may be pressure due to china growth rate or usd move upcoming powel speech
zinc stya abv 271.90 up side 274.80 lookszinc stya abv 271.90 up side 274.80 looks yes buy on dips with sl 269.40
zinc analysis this is zinc analysis made with Elliot waves this is not an recommendation it is only for educational purpose
zincBreakout in Zinc but volume is not satisfactory,wait for the next candle before taking any decision .
Zink will continue its down move ....it seems that we will see again down move in Zink
around 289.20 is good to sell for a target of 259
it seems that we will see the previous low again in Zink
EWT - MCX Zinc Is Ready For Its Final Impulse MCX zinc has been forming the corrective structure in descending channel for more than 28 weeks. The ending point of impulse was 383.55 .
At present, MCX zinc has accomplished the corrective wave ((B)) and started forming sub-waves of the impulsive wave (C). Price has completed 78.6% retracement, where wave A = C at 217 . Zinc has accomplished wave (4) of wave ((C)). Wave ((C)) retraced 61.8% of wave ((A)). Zinc is trading below 50-day EMA , and RSI is above 30 .
Zinc will try to test the price hurdle of 267 , so traders can sell zinc nearby 267 for the following targets: 252.6 - 246 - 244.
Target measurement using the Fibonacci relationship:
Wave (5) of wave ((C)) can end near 161.8% reverse Fibonacci retracement.
Wave ((C)) can occur near 100% extension at 217 , where wave A = C .
Wave ((C)) can cease to exit at the lower band of the parallel channel.
I will update further information soon.
Is this Right time to have coffee with cup and handle pattern..?i) volume is increasing
ii) 20 days and 50 Days average is below the candle
iii) RSI going to over bought zone
Short ZincAs per the daily chart Zinc has created H&S pattern. This gives us a good shorting opportunity.
GO LONG ON ZINCMCX:ZINC1!
Its is a short term trade
Zinc is at great support zone.
A target of 300 can be seen in near future.
This is educational purpose
ZINC....Longtime trendline broken.....As seen on chart, long term trendline broken on chart....2 year trendline broken...if sustain below we will see more fall towards 260 levels...
