Get started

Copperlong

Copper Bounce? $HG1! at Key Demand Zone!Back at a strong demand level on COMEX:HG1! (Copper futures). The key invalidation is a 4-hour close below 3.92, so I'll be watching closely to manually close. I'm looking for a potential bounce from here, and if the weekly candle closes bullish, I may consider this a reversal setup. The confluence between the weekly support and the current demand zone gives me confidence to take the trade. If the move fails, my next level to watch is 3.7 for another potential entry. Let’s see if COMEX:HG1! behaves this time.
COMEX:HG1!Long
by ZelfTrade
Potential bullish bounce off overlap support?The price is falling towards the support level which is an overlap support and could bounce from this level to our take profit. Entry: 4.0205 Why we like it: There is an overlap support level. Stop loss: 3.9190 Why we like it: There is an overlap support level that line sup with the 161.8% Fibonacci extension. Take profit: 4.1278 Why we like it: There is an overlap resistance. Enjoying your TradingView experience? Review us! Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
VANTAGE:COPPERLong
by VantageMarkets
Potential bullish reversal?COPPER is falling towards the support level which is a pullback support and could bounce from this level to our take profit. Entry: 4.0217 Why we like it: There is a pullback support level. Stop loss: 3.9130 Why we like it: There is a pullback support level. Take profit: 4.1200 Why we like it: There is a pullback resistance level. Enjoying your TradingView experience? Review us! Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
VANTAGE:COPPERLong
by VantageMarkets
Copper Breakout: Bullish Trend After 0.6Fib RetracementI’ve initiated a long position in Copper after a successful retracement to the 0.6 Fibonacci level, which triggered my entry. The bullish trend looks solid, and I am targeting the 0.7 Fibonacci level for my take-profit (TP), aligning perfectly with my point of interest around the 4.800 level. As of now, Copper is facing resistance in the 4.300–4.400 price zone, but a breakout here will prompt me to adjust the stop-loss (SL) and take partial profits. Until the breakout occurs, the trade criteria remain as shown in the chart. Technical Analysis: • Entry: Near the 0.6 Fibonacci retracement level. • Target (TP): 4.800 (aligned with the 0.7 Fibonacci level). • Stop-Loss (SL): To be adjusted after a clean breakout above 4.400. • Market Structure: The price has respected the Fibonacci retracement levels and is set for a potential breakout to the upside. The bullish trend remains intact, supported by clean retracement patterns. Fundamental Outlook: Copper prices have been fluctuating due to external factors, including China’s economic measures, which have helped support the market. However, half of those gains have retraced as market participants begin to question the scale of the stimulus. Despite this, the long-term view for Copper remains bullish, especially with solid demand linked to the energy transition and rising input costs. Additionally, factors like U.S. rate cuts and China’s fiscal policies will play a key role in driving future demand. The current short-term outlook remains dependent on stimulus from China, as well as the timing and impact of U.S. rate cuts. Should demand recover, Copper could potentially rally towards the 4.800 level as targeted. Risk Management: • The SL will remain flexible, adjusted accordingly based on the price action and breakout strength. • Partial profits will be taken in the 4.400 range, with the remainder held for the final target at 4.800. • The position is managed carefully to avoid exposure to market volatility in the lower ranges. Always remember to Pay Yourself by taking partial profits when the trade moves in your favor! Note: Please remember to adjust this trade idea according to your individual trading conditions, including position size, broker-specific price variations, and any relevant external factors. Every trader’s situation is unique, so it’s crucial to tailor your approach to your own risk tolerance and market environment.
VANTAGE:COPPERLong
by AR33_
6
Potential bullish rise?COPPER has reacted off the resistance level which is an overlap resistance and could rise from this level to our take profit. Entry: 4.3566 Why we like it: There is an overlap resistance level. Stop loss: 4.2689 Why we like it: There is a pullback support level. Take profit: 4.4561 Why we like it: There is a pullback support level that aligns with the 50% Fibonacci retracement. Enjoying your TradingView experience? Review us! Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
VANTAGE:COPPERLong
by VantageMarkets
Potential bullish rise?COPPER has reacted off the support level which is an overlap support that lines up with the 23.6% Fibonacci retracement and could rise to our take profit. Entry: 4.1293 Why we like it: There is an overlap support level which aligns with the 23.6% Fibonacci retracement. Stop loss: 4.0266 Why we like it: There is an overlap support level which is slightly below the 50% Fibonacci retracement. Take profit: 4.3154 Why we like it: There is a pullback resistance level which aligns with the 50% Fibonacci retracement. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
VANTAGE:COPPERLong
by VantageMarkets
Copper (HG) - Look for Longs?While the decline in copper persists, @HG is nearing areas of previous demand on intermediate-term timeframes. Specficially, we will be watching the industrial metal's action between the prices of 4.1130-4.0605 (with hypothetical stop lower @ 4.0250). Given the current momentum and potential add'l downside per larger timeframes, we recommend watching for micro-TF trend violation/reversal confirm signals before establishing positions. This idea is bolstered by a backdrop more broadly of metals having pulled back and a AMEX:USD that looks vulnerable vs. physical assets over the longer-term. Of course "Dr. Copper" is more closely linked to the global economy vs. GC (which we like better), but price, ultimately, remains undefeated + copper will become a value buy at some point... Godspeed, JHart
COMEX:HG1!Long
by LionHart_Trading
Copper: The Next Big Boom - Prices Could Skyrocket to $40,000Hedge fund manager Pierre Andurand predicts that copper prices could surge to $40,000 per tonne in the coming years due to soaring demand. Currently priced at around $11,000 per tonne, copper has already seen a 20% increase this year. The demand is driven by the electrification of various sectors, including electric vehicles, renewable energy sources, military uses, and data centers. Andurand, who manages approximately $2 billion in assets at Andurand Capital, forecasts this dramatic rise based on the doubling of demand growth for copper. He acknowledges that although a supply response is expected, it will take more than five years to materialize. This sentiment is echoed by former Goldman Sachs executive Jeff Currie, who also predicts significant price increases, albeit to a more conservative $15,000 per tonne. The transport sector's copper demand is projected to grow over 11 times by 2050, with electric vehicles alone requiring substantial amounts of copper wiring. Additionally, the expansion of the global electricity grid will necessitate a 4.8-fold increase in copper demand by 2050. The copper supply gap is projected to reach 10 million tonnes by 2030, as per BloombergNEF estimates. Despite not being widely known in the US, Andurand has a solid track record in commodities trading, with his funds experiencing an 83% increase in value this year. The rising copper prices reflect broader trends in the metals market, driven by strong demand and historically low inventories. Significant growth in copper demand is also anticipated from developing countries, particularly China, India, and Indonesia, which are experiencing exponential increases in consumption.
COMEX:HG1!Long
by signalmastermind
COPPER Commodity or Junior Miner trade LONGCopper prices rise when the economy is thought to be growing and needing more electrical infrastructure while they fall when bearish indicators might project a recession. I am at the aluminum and finished steel subsectors as well. FCX is under consideration but as a large cap it does not have the volatility of the junior miners. In the meanwhile COPJ, CPER and COPX look like they are worth considering given the trend up since mid-February. The chosen strength and trend indicators confirm the trend. This is a long trade and sector rotation play for those to consider that are tired of tech stocks and earnings plays.
NASDAQ:COPJLong
by AwesomeAvani
Copper Prices on the Rise - Do Your Research Before You T Copper prices have recently reached a 14-month high, driven in part by China's economic improvement. This could be a potential trading opportunity, but it's important to be well-informed before making any decisions. Copper is a key economic indicator, and its demand is expected to rise. However, the market can be volatile. Here are some resources to help you make informed decisions: • Copper price charts and analysis • Information on copper trading risks Remember, successful trading requires research, understanding your risk tolerance, and aligning your strategy with your goals
AMEX:COPXLong
by bryandowningqln