COPPER Weekly Chart Analysis 📈Current Price: $5.05(-1.43%)
🎯 Key Levels:
Support Levels: $5.00 (Major), $4.92 (Next support)
Resistance Levels: $5.50 (Next major target)
📊 Trend & Market Structure
Breakout Confirmed: Price has broken above previous resistance (~$5.00) and is sustaining.
Retest in Progress: Currently testing support at $5.00-$4.92.
💡Trade Plan 📝
Bullish Setup (Buy on Retest) ✅
Entry: $5.00 - $4.92 (Support retest)
Stop-Loss: $4.85 (Below support break)
Target: $5.50 and $6.50
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.