Copper has broken its support of 790 which is signal of short call. Sell Copper at 793 for a target of 785.
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As mention in chart Harmonic pattern has been failed and made a strong support & demand zone 746.25 buy@746.25, sl725.25 tg789.90
support at 4.68 - 4.53. it has already broke out above multi year breakout level at 4.65. with weekly RSI at 62 target 5.13 - 5.45 in next 2 to 4 weeks possible
After a good consolidation, copper is looking to breakout from the previous range. Expecting a tgt of 850 with sl 775.
1. breakout on daily chart. 2. RSI is strong. 3. weekly CPR pivot at 320. trading above it. 4. next resistance at 355.
Strong COT dat and RSI favors longs in copper. Comments on Charts.
Copper is presently retracing. Can enter long after some reversal patterns like bullish engulfing.
Copper's long rally from under 2.00 to 4.95 has been stalled and we have had a sideways move for the last few months There is very good support at the 4.05 area, but one of the Elliottwave interpretation allows for a rapid fall to the 3.50 area. What is visible is an a-b-c down move from May to late Jun in Wave A followed by a sideways triangle wave B. If this...
I trade in Indian Commodity Market and provide regulare trading tips. SELL COPPER on MCX with a STOP LOSS of ₹ 725 for a TARGET of ₹ 700. Curently copper is trading around 719. MCX:COPPER1!
MCX:COPPER1! Copper sell given @ 709 with a second target 692, Check out the levels !! Have a Happy Trading !!!!
the last leg of correction should be over with its touch and go of 4.02 level. now it has to move fast to close above 4.19 soon to show sign of strength. upward movement confirmation only above 4.36. how many times we did see huge move in a script when such sharpening triangular move were there?
support find bullish engulfing candel and buying 1/support resistance 2/candlestick
copper take trendline resistance bearish movement possible
triangular break out above 4.6275 can lead to 5.42 level in next 8-10 weeks
Copper Sep Long Yesterday took support at 100 day EMA . Today gap up open above 20 & 50 day EMA. Buy at CMP- 725 SL- 722 Target- 728.6, 734 Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.
Very good breakout.... Enter at any pull back near the levels marked... LIke,, Share... Follow///
head & shoulder break out above 4.43 can take out new high this time