Round Bottom and Retest in COPPERA well-defined Round Bottom formation and subsequent retest is observed in Copper Futures (MCX) on the 15-minute chart. After a prolonged downtrend, price has rounded out a base and reclaimed the neckline resistance near ₹884. This breakout was confirmed by a successful retest, with bulls defending
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Copper holding sell trade from 882 , 875, 866,859 target Copper we are holding sell trade from 882, downside target 875,866,859 , upside resistance 888, 894, 899
How My Harmonic pattern projection Indicator work is explained below :
Recent High or Low :
D-0% is our recent low or high
Profit booking zone ( Early / Risky entry) : D 11.8% -D 16.1 % i
Copper bought at 881 booked st 889 , again buy on dip 905,915 How My Harmonic pattern projection Indicator work is explained below :
Recent High or Low :
D-0% is our recent low or high
Profit booking zone: D13% -D15% is
range if break them profit booking start on uptrend or downtrend but only profit booking, trend not changed
SL reversal zone : SL 2
Copper holding buy from 880, upside target 893,905,925,940How My Harmonic pattern projection Indicator work is explained below :
Recent High or Low :
D-0% is our recent low or high
Profit booking zone: D13% -D15% is
range if break them profit booking start on uptrend or downtrend but only profit booking, trend not changed
SL reversal zone : SL 2
Copper holding buy from 881 , buy on dip ,945-960 target open How My Harmonic pattern projection Indicator work is explained below :
Recent High or Low :
D-0% is our recent low or high
Profit booking zone: D13% -D15% is
range if break them profit booking start on uptrend or downtrend but only profit booking, trend not changed
SL reversal zone : SL 2
Copper support 880-881 , buy on. Dip upside 940-960 stil open How My Harmonic pattern projection Indicator work is explained below :
Recent High or Low :
D-0% is our recent low or high
Profit booking zone: D13% -D15% is
range if break them profit booking start on uptrend or downtrend but only profit booking, trend not changed
SL reversal zone : SL 2
Copper Futures – Support Holding Strong, Bulls May Step In📌 Trade Idea:
Bias: Bullish
Setup: Bounce from Demand Zone
Entry: Around ₹892.00–₹892.35
Stop-Loss: Below ₹889.35
Target: ₹897.65+
A successful defense of this support could pave the way for a quick recovery move toward higher resistance levels. Watch closely for a bullish candle confirmation a
Copper continuesly buying given from 855 ,on daily updates How My Harmonic pattern projection Indicator work is explained below :
Recent High or Low :
D-0% is our recent low or high
Profit booking zone: D13% -D15% is
range if break them profit booking start on uptrend or downtrend but only profit booking, trend not changed
SL reversal zone : SL 2
Copper buy on dip will continue heading towards 945-960 target How My Harmonic pattern projection Indicator work is explained below :
Recent High or Low :
D-0% is our recent low or high
Profit booking zone: D13% -D15% is
range if break them profit booking start on uptrend or downtrend but only profit booking, trend not changed
SL reversal zone : SL 2
Copper Futures – 15 Min Chart Analysis (MCX)Copper is showing signs of a potential short-term reversal after a strong upward rally. The price action has faced resistance around 895, which is marked with a red candle and a small rejection wick (highlighted with the blue arrow).
This region could act as a supply zone, where sellers are steppin
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A representation of what an asset is worth today and what the market thinks it will be worth in the future.
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The nearest expiration date for Micro Copper Futures (Jul 2024) is Jun 26, 2024.
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 Micro Copper Futures (Jul 2024) before Jun 26, 2024.