On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early...
On the Hourly time frame of Copper, I have noted the following indications.
1.The downward momentum has been waning.
2. There is a Bullish divergence on momentum with each Lower lows.
2. We can see a clear inverted H&S pattern on joining the previous highs.
4. Now, there is a breakout and retest of the downward trendline with a volume increase during the...
On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early...
Examining the daily chart of MCX Zinc utilizing Fibonacci retracement, notable developments are observed. In May 2023, Zinc breached the 61.8% retracement level but did not test the subsequent level at 78.6% . Instead, it retraced back to the 61.8% level. The pivotal level of 228 suggests that the downtrend in Zinc may have concluded. This level holds...
Hi all this is copper future analysis on basis of Elliott wave analysis.
If you see copper on larger time frame like 1 weak, this is making Failure irregular Flat or could make contracting triangle.( Failure irregular flat consist of 3 legs-ABC) or if it is making contracting triangle, it will have 5 legs ABCDE, as of now it has completed C leg, if this is...
On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early...
Hi all this analysis is based on Elliott wave and NeoWave concept.
we are elongated flat correction at 1 month time frame, or we are in 4 th wave which is corrective wave once 4th wave is complete, we can see 5thwave which is fib extension of 3 start and to 3rd wave end and project till 4th wave end. so, we will get 0.618% that will be the 5th wave target.
as...
Since the Chinese Index is Bottoming Out and Aluminum at its 4th wave Correction end , One can expect a good bull run in Aluminum in the coming months.
All the levels are mentioned in the video with some swing idea.
Nifty and Banknifty
Gold silver
Crude Ng
Copper
My view,
Neutral to bullish (rangebound)
COPPER made inverse head n shoulder pattern on an hourly chart with decent OI & also near its strong resistance zonce of 715.
If copper breaks past 715 then buy with mentioned stoploss & target.
Risk:Reward = 1:2
zinc crucial update blw abv 220.55 bull zone---- styaa bv 220.50 looks up side 223--224+++++ due to fed rate cut possibility matel looks climb up buy on dips with strict sl 219.55
Here is a brief description of what happening and what can happen
Nifty Banknifty
Gold Silver
Crude
Yesterday gold silver view went dot-to-dot
Now we can a good selling pressure in bullions
Will update if there is a chance of entry with a proper sl
On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early...
Copper MCX: We're currently witnessing Copper in a range-bound movement, specifically within the 695-720 range. This zone doesn't offer a clear trading opportunity as of now.
To avoid potential traps, it's crucial to wait for a breakout and a sustained move beyond this range before considering any trade. Breakouts often signal a change in market sentiment, so...
copper is in side ways on the major time frame
for smaller time frame we can opt to trade buy low sell high tactics
on the lower time frame
we had a long upside trend then price went to small sideways days as a buildup it looks good
and on the contary there will be chance price creating a pullback
on the breakout from upside we will avoid as there will be...
