Copper Prices Take a Dive? Copper's price might take a dive from $4.64, thanks to the Bat harmonic pattern.
Looks like Batman’s not saving this one! 🦇📉
About CFDs on Copper
Copper is an essential industrial metal used worldwide. Copper prices are followed in financial markets around the globe and the metal is growing in popularity. Copper is widely used in construction and because of its electrical properties is found in wires and circuit boards. Copper is mined in open mines around the world, with Chile and the United States leading in overall copper production. The demand for copper is increasing as countries such as China and India continue to develop, while the supply remains tight. The growing demand and constrained supply is likely to keep copper prices volatile in the near future. Copper prices are commonly quoted in USD.
Super bullish on Copper! A close above the white trend line would trigger the next leg up. I do believe it can break to new ATH if it get enough momentum on the break out.
Time will tell for sure!
OANDA:XCUUSD IG:COPPER CAPITALCOM:COPPER
Copper Cup and Handle ready to explode to 10,677Copper is an interesting market because it tends to follow the major markets.
It doesn't have that safe haven status feel and every broker quotes Copper differently.
Whether you're trading on US or LSE, it is subjective to the broker.
Right, now it's priming itself for great upside which could
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Dive into our XCU/USD "Copper" Metals Market heist, crafted with the signature 🔥Thief Trading Style🔥, blending sharp technicals and deep fundamentals. Follow the strategy outlined in the TradingView chart, focusing on a l
Copper expectation. 1HCopper setting up for bullish trend. According to fib, its setting up to bull trend in the bullish zone. Breakout is very soon. Its following trend lines but showing signs of breaking out due to support. trade accordingly towards destination.
Copper Eyeing Key Reversal Point – Will It Break Above 4.68152 ?Copper is currently hovering near the 4.68152 🔼 resistance after rebounding from the 4.50280 🔽 support. Price is reacting to the 50-period SMA, which is slightly above current levels and may act as a dynamic resistance. The overall structure remains mixed with recent lower highs, but bulls have step
CopperXCUUSD
- Bearish Channel as an corrective pattern in Short Time Frame
- Change of Characteristics
- S / R Level
- Completed " 12345 " Impulsive Waves and " AB " Corrective Waves
- Break of Structure
Copper Prices Plummet Following Golden Crab Level BreachRecent market analysis indicates a potential downward price correction for copper, initiating from a significant technical level known as the "Crab's Golden Ratio."
Understanding this pivotal point is crucial for informed investment decisions.
Copper showing signs of weaknessCopper is pulling back after hitting strong resistance.
My outlook hasn’t changed — I’m expecting further downside, with targets at 4.65 and then 4.50.
As a reminder, I closed my previous short position ahead of the weekend, in line with my trading rule not to hold shorts over weekends.
At current l
Sell!Hello all. Copper is near a very critical zone ant it will fall. do u agree? tell me why? CM if you agree or don not agree.
See all ideas
Displays a symbol's price movements over previous years to identify recurring trends.