Xcuusd (Copper)
COPPER Buy Signal (Support)Pattern: Fibonacci retracement.
Signal: Bullish either now (1D support) or on the 0.382 Fibonacci.
Target: 2.96000.
$ USD / XCU $ - COPPER MONTHLY -Attention should be paid to the decision-making process. According to the decision will be determined pricing.
Copper Futures Long OpportunityWhile commodities get demand, we like to keep an eye on copper where a surge in options trading indicates some supply concerns are creeping into the market.
Add long on the breakout of TL
Is EURUSD a leading indicator for Copper?Based on their correlation since 2002 we can say that EURUSD is a leading indicator for Copper. Especially since 2010, they both trade within a 1M Channel Down, with EURUSD however respecting the Lower Highs/ Lower Lows more. So with EURUSD on a long term bearish trend towards the 1.0358 support, we expect 2.000 long term for Copper. Technically Copper's 1M is on a pivotal point, being neutral overall (RSI = 53.441, Williams = -49.469, CCI = 9.9212, Highs/Lows = 0.0000) so expect the break lower to take place soon.
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This is probably the moment.Just trust my opinion, I don't really like explaining. At least, not yet.. good luck..
Copper: Buy opportunity on the 1D Higher Low.The price is trading on a 1D Channel Up (RSI @ 61.767, MACD @ 0.035), which has made this week a Higher Low (Highs/Lows @ 0.0000). The next Higher High is expected on a +8% rise but we are taking a more conservative target. TP = 3.03455.
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COPPER: mixed messages but still presenting opportunitiesThe higher time frame trends on copper are presenting mixed messages. There are lots of interesting opportunities if one can exploit lower time frame trends cautiously.
Long Copper for Target $3 (XCUUSD)Long XCUUSD for Target of $3
Buoyed by US-China Trade Deal Optimism. Stay Long With Stop loss near 2.88
xcuusd copper analysispicture of the daily chart, buy low sell high, look at the story behind the chart....what are the candles saying.
i cant trade copper but this is what i would be looking at. buy low sell high and play it on the smaller timeframes.
SHORT IT TO THE GROUND!Self explanatory.
0 strong fundamentals driving the market.
Trend = 0 trend.
Go with the basic TA.
Easy.
Long XCUUSD (Copper) For Retesting 2.86 Levels & HigherCopper has bounced from Crucial Support. With Dow Falling and XCUUSD still Holding Ground.
Long XCUUSD possibly with Continuation of Trend
XCU USD BUY (COPPER – US DOLLAR)Hi there. Price is forming a continuation pattern to the downside. Wait for the price to hit the bottom of the pattern and watch strong price action for buy.
XCUUSD Potential DownsideXCUUSD has formed a head and shoulders pattern, a break below the neckline will signify more downside.
Copper: Buy opportunity on a 1W Rectangle.Copper has been trading within a long term 1W Rectangle (STOCH = 49.048, Ultimate Oscillator = 49.708) with 2.52850 - 2.53850 as the Support zone and 2.83470 - 2.84595 the Resistance. A repetitive pattern that stands out is a sharp rise that is followed every time after a 1D Lower High sequence breaks to the upside. We are currently close to such an event so we are on a medium term long with TP = 2.78300.
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Copper WXYAll Copper has been doing is expanding this WXY structure, but is came off the exact spot fib and pattern wise to go for Y.. Finally.
COOPER is on consolidation (XCUUSD Analisys)Cooper (1hr Heikin Ashi chart) looking to stay on consolidation for some time, trading on channel excellent opportunity to enjoy the trend for small % trades.
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COPPER BUY (COPPER – US DOLLAR)Hi there. Price is still in the continuation pattern to go up. Wait for the price to hit the bottom of the pattern and watch strong price action for buy.
XCU/USD updateWho got that trade? Blue MA is 800. Red is 200. I would consider it to be going up and would continue to look for buys on any pullbacks.
CopperCopper has gone down in a 7 swing fashion. I still expect one more move up to break the high given the corrective nature of this move. When I look at the larger structure, another push up also makes sense to complete a larger expanded flat.
