CA1! trade ideas
BulishCopper is ready for upward journey, medium term trand is looking bulish structure for next 2 or 3 months atleast it's very very low risk entry, smart money accumulated around 700 to 760 , so my conclusion is buy around 780 to 760 zone buy the dips of stoploss is 750 my first target🎯 is 812 then 840 @ ath
copper positional sellMCX:COPPER1! Daily macd crossed below zero line with double top in price action. one bounce on 4 hrs chart timeframe near 760-765 is best selling zone the trg of upto 700 in month of March contract. do your own analysis before trade. This is my personal observation and not a trading recommendation.
mcx copper stya blw 760 sell on rise sl 769 expect 740 tgtmcx copper stya blw 760 sell on rise sl 769 expect 740 tgt-- as per daily chart candlestick formation looks dipsss and look for gap fill till 732 as i expect and should come 753--45 also yes blw 4$ closing in comex will pressure more sell side till 3.93--3.85$
Dr. CopperIN spite of Bullish COT Reports - Copper Still seems to be working to kick out the last bear.
While Weekly Momentum is up and Daily Down, Looks like it still has one or two legs down before it moves up.
3 to 3.1 Area Looks interesting. Watch Out for it.
Have Patience and keep a Watch on Daily Momentum