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 .
Since 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
Zinc, seems to be forming a H&S pattern, break down confirmed below 217.75
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
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--696 looking copper spot blw 3.62 dwn only sell woth titgh sl looking dwn side move
sell zinc 223.50-224 sl 224.85 tgt 219+++ already in report gvn blw 228@ looking dwn breakout so sell on rise
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
As 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".
entry above 735.65 for target 736.7 and 741 reasons - resistance breakout supporting indicators - rsi + fibo disclaimer - trade @ owm risk
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...
I 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
buy 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
The chart is annotated. Copper is at a good support with the oscillators oversold. Looking good for a bounce from here.
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
Very 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
Tgt1 737 Tgt2 740 Tgt3- 747 From here upside shown 733 to 740 sure ..risky tgt 747
Lead from last 6 month consolidating in tight range 185- 178 on downside weekly closing coming near the resistance zone . expecting good show in next 2 -3 month expecting bull run in all base metal copper ,aluminum, nickel . expected lead to bounce towards 192 and if closes above 200 level by December end .view fails on weekly closing below 180 levels entry level...