CU1! trade ideas
Long in copperCopper is presently retracing. Can enter long after some reversal patterns like bullish engulfing.
#COPPER #HG - Bearish interpretation with 3.55 potentialCopper'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 labelling is right we should expect a slide through the 4.05 support onto the 3.5 levels.
From the current levels this is a 1:3 R:R trade
Sell Today Buy Tommorow CallI 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 Bagged 42K Profit alone today with level capture !!MCX:COPPER1!
Copper sell given @ 709 with a second target 692, Check out the levels !!
Have a Happy Trading !!!!
copper's correction is overthe 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?
COPPER intraday levelsupport find bullish engulfing candel and buying
1/support resistance
2/candlestick
Copper Sep LongCopper 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.
Copper... Economy booming...Very good breakout....
Enter at any pull back near the levels marked...
LIke,, Share... Follow///
trading culture special indiacatorperformance of nickel and copper with our custom made indicator for the week 6sept to 10th sept.
do give us feedback
Copper SEP FUTCopper broke a triangle pattern and is retracing now. u can buy above 718 closing after retracement for a target of 735 and SL at 708
Copper FUT SEP21. is about to break a Descending triangleCopper FUT SEP 21 can be sold below 703 closing for a target of 683. with a Stoploss at 710. Risk reward ratio 2.5
Copper Sep shortCopper Sep Long
Took support at previous low
Buy at CMP- 709.5
SL- 705
Target- 712.5, 714.4
Disclaimer- We are not SEBI registered advisor.
Charts and views are only for educational purpose.
Copper September FuturesClosed on dot on Bearish Level....
Seems to be consolidating between bearish and bullish levels...
Over all structure weak....
Happy Trading...
Long Copper FuturesLONG COPPER ABOVE WEEKLY HIGH.
Trading at 20 EMA as support and Bullish candle at 20EMA.
Exit below previous weekly candle low.
#copper #copperfuturesit has 2 months to go upwards. should not go below 4.2 this time to stay inside the falling wedge triangle.
Sell Copper with a Stop Loss of 731.20Sell copper near ₹ 727 with a Stop Loss of ₹ 731.
I analys Indian commodity market on a regular basis. I just earned 4800 points in SilverM, 2400 Points in GoldM and 240 Points in Crude Oil, however i wrongly entered in short position in nifty that made me some losses. But i believe losses are part of good trades.
