CopperXCUUSD ( Copper / U.S Dollar )
Completed " 12345 " Impulsive Waves
Order Block
Change of Characteristics
Support Level
Break of Structure and Retracement
COPPER trade ideas
Copper - Copper is making its way up. Hello mates, please feel free to share your trading ideas, and please give a Boost if you agree with my trading plan. My trading strategy is Price Action, which is the simplest strategy of trade on what we see the price movement on chart. A key part of my discipline is always setting a Stop Loss when opening a trading position. This ensures every trading position is risk managed. Our 1 to 1 trading training is available, please message. Trade well and good luck!
CopperXCUUSD ( Copper / U.S Dollar )
Change of Characteristics
Support Level
Descending Triangle as an Corrective Pattern in Short Time Frame
Break of Structure
RSI - Divergence
Short continuationWe hit our retracement zone and reacted beautifully in it. GG to all that caught this entry. we continue our advance deeper down into the target level
Copper Market Update: Navigating the Current Landscape.📈 Copper Market Update: Navigating the Current Landscape 📈
Hey everyone! 🌟 Let's talk about the current situation with copper, a metal that's playing a huge role in our modern world, especially with the push towards green energy.
🔹 Supply and Demand Dynamics: The global copper market is facing some serious challenges. Demand is skyrocketing due to the rise of electric vehicles (EVs), renewable energy projects, and the need to upgrade power grids. However, supply is struggling to keep up. South American producers, which account for a large portion of global supply, are dealing with political unrest and regulatory hurdles.
🔹 Market Deficits: Analysts are predicting that the copper deficit could persist until 2030. McKinsey forecasts that global copper demand will reach 36.6 million tonnes by 2031, while supply is expected to be around 30.1 million tonnes, leaving a significant gap.
🔹 Price Implications: With supply struggling to meet demand, copper prices are likely to remain strong and could even rise further. This makes copper an attractive option for investors looking to capitalize on the green transition.
🔹 Long-Term Outlook: The long-term outlook for copper remains bullish. The push for decarbonization and the electrification of various industries will continue to drive demand. However, the market could experience short-term fluctuations based on factors like China's economic performance and new mine developments.
🔍 Key Takeaways:
High Demand: EVs, renewable energy, and grid upgrades are driving copper demand.
Supply Constraints: Political unrest and regulatory challenges in key producing regions are limiting supply.
Price Trends: Copper prices are expected to stay strong, with potential for further increases.
Investment Opportunity: Copper presents a compelling investment opportunity given its critical role in the green transition.
📊 H1 CFD Copper Chart Analysis:
Technical Indicators: The Stochastic Oscillator is currently sending a short signal below the overbought area, with the fast line approaching the 50 median line. This suggests that the downward trend of copper prices may slow down during the Asian session.
Fibonacci Extension Levels: Copper prices are currently blocked by the support of the moving average group, oscillating within a sideways range. If copper prices break through this range, we must be alert to the possibility of a false breakthrough.
Price Movements: Copper prices rose yesterday and broke through the high point of the short-term shock range, approaching the purple 13-day moving average. This moving average may prevent copper prices from rising further.
Support Levels: The key support level is around 4.1153, aligning with the 61.8% Fibonacci retracement. A bounce from this level could present a trading opportunity.
Market Sentiment: If copper prices stay above 4.1590, the first target is 4.1885, followed by 4.2055. If copper prices drop below 4.1590, the first target is 4.0935, followed by 4.0765.
📰 Latest News on Copper:
Copper Prices: Copper prices eased on Tuesday but were on track for a second consecutive yearly gain. Supply setbacks at global mines contributed to a tightening in the global copper market. On the demand side, industrial recovery in key economies alongside demand from the green energy transition helped support prices.
China's Economic Recovery: China, the biggest commodity consumer, has struggled to recover amid weak consumption and a protracted property crisis. However, policymakers hope a recent blitz of fiscal and monetary measures will spark a turnaround.
Trade Tensions: Uncertainty around the scope and fallout of any possible trade wars under the incoming Trump administration could cast a cloud over industrial metals demand.
🎉 Wishing You a Prosperous New Year!: As we move into the new year, I want to wish everyone a prosperous and successful 2025! May your trades be profitable and your strategies sharp. Don't forget to follow for more of the best trading advice and tips. Let's make this year our best one yet! 🚀.
Copper Set to Rally: Bullish Setup with Massive Upside PotentialCopper is holding firmly at a key support level and poised for a potential breakout. The combination of bullish macroeconomic factors and tightening supply suggests significant upside potential.
China’s Growth Push:
Chinese leaders are targeting 5% annual growth in 2025, with plans to boost domestic consumption and infrastructure spending, key drivers of copper demand.
Robust Demand Drivers:
Industries like EVs, power grids, and air conditioning continue to drive structural demand for copper, aligning with the global shift toward electrification and renewable energy.
Supply Challenges:
Multi-month low inventories in Shanghai warehouses signal tight supply conditions.
Peru’s flat output and Chinese smelter profitability issues add further pressure to global supply.
With these factors converging, copper prices are primed for a bullish move from current levels.
Trade Setup
TP1: $4.3498
TP2: $4.6347
TP3: $5.000
Stop Loss: $3.8622
This trade setup offers an excellent risk-to-reward ratio, with tightening supply and robust demand creating a solid foundation for bullish momentum.
copper
copper price dropping fast due to the following factors
Economic Factors
1. Interest Rate Concerns: The Federal Reserve's hawkish cut has strengthened the US dollar, making copper more expensive for buyers using other currencies.
2. Global Economic Slowdown: Concerns about a potential global economic slowdown, particularly in China, have led to decreased demand for copper.
3 Increased Supply: Copper production has increased, leading to a surplus in the market.
4. Decreased Demand: Weaker demand from China, the world's largest copper consumer, has contributed to the price drop.
Market Sentiment
1. Risk Aversion: Investors have become more risk-averse, leading to a decrease in demand for copper and other commodities.
2. Technical Selling: Copper prices have broken through key technical levels, triggering stop-loss orders and accelerating the price decline.
Copper , fantastic potential within the Precious Metal market!Hi guys, we would be looking into one of my favourite precious metals COPPER. Currently it has been fluctuating around this price level overviewed on 1H and 4H time frames. The RSI is also sitting in low levels which is forming an Ascending Channel.
This is on a technical level,now let's look into Fundamental level :
Investing in copper presents a compelling opportunity due to its critical role in the global economy and its growing demand across multiple sectors. As a key industrial metal, copper is essential for infrastructure development, construction, and the production of electrical equipment, making it a cornerstone of both established and emerging industries.
The accelerating transition to renewable energy and electric vehicles (EVs) further underscores its importance. Copper's superior conductivity makes it indispensable for solar panels, wind turbines, EV batteries, and charging stations, driving long-term demand as the world shifts toward greener energy solutions.
Moreover, global supply challenges, including declining ore grades and the need for significant new mining projects, create a favorable supply-demand dynamic that supports higher copper prices. For investors, copper represents a strategic asset with potential for strong returns tied to industrial growth, technological innovation, and the push for sustainability.
Entry cover up.
Entry : 4.1500
Target 1 : 4.21803
Target 2: 4.34026
As always my friends happy trading!
P.S. If you have questions or inquiries about one of my existing set-ups or personal questions / 1 on 1 sessions consider joining my channel so you can follow up with me in private!
Copper on its Way to 3.6Copper has been in a steady downtrend since reaching the turquoise target level. The market continues to pull back, completing several structures like our overarching purple structure. After completion, this led us to the overall correction level (OCL) of the large movement, represented by the orange box.
Now, we are forming bearish structures near the lower edge, suggesting that the gray correction level won't hold at the first line, as we've seen. The orange and red structures are pressing the price further down. I don't expect us to reach the orange target level; rather, I anticipate a turnaround at the orange resistance and then a bullish move in the copper market. For this to happen, the price first needs to enter this region. Activating the red structure with a lower low is key. If we get this, I'm confident we'll reach the red target level and simultaneously the orange resistance.
XCU / USD "COPPER" Market Heist Plan on Bullish SideHello!! My Dear Robbers / Money Makers & Losers, 🤑 💰
This is our master plan to Heist XCU / USD "COPPER" Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal / Trap at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Entry 📈 : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Low Point take entry should be in pullback.
Stop Loss 🛑 : Recent Swing Low using 2H timeframe
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Falling towards overlap support?COPPER is falling towards the support level which is an overlap support that aligns with the 61.8% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 4.1153
Why we like it:
There is an overlap support level that aligns with the 61.8% Fibonacci retracement.
Stop loss: 4.0489
Why we like it:
There is a pullback support level that is slightly above the 161.8% Fibonacci extension.
Take profit: 4.2065
Why we like it:
There is an overlap resistance level that lines up with the 50% Fibonacci retracement.
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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.
copper longcopper long
Please don't be greedy
ENTRY : yellow point
TP : blue lines
SL :
below red line for LONG position
above red line for SHORT position
INSTRUCTIONS:
For risk and money management:
5% of your wallet for LEV X ≤20
And
3% of your wallet for LEV X ≥ 20
CopperXCUUSD ( Copper / U.S Dollar )
Rising Wedge as an Corrective Pattern in Short Time Frame
RSI - Divergence
Demand Zone
Completed " 1234 " Impulsive Waves
Fibonacci Level - 61.80%
Bullish bounce off overlap support?COPPER is falling towards the support level which is an overlap support that aligns with the 61.8% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 4.1153
Why we like it:
There is an overlap support level which lines up with the 61.8% Fibonacci retracement.
Stop loss: 4.0489
Why we like it:
There is a pullback support level.
Take profit: 4.2430
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.
copper longcopper long
Please don't be greedy
ENTRY : yellow point
TP : blue lines
SL :
below red line for LONG position
above red line for SHORT position
INSTRUCTIONS:
For risk and money management:
5% of your wallet for LEV X ≤20
And
3% of your wallet for LEV X ≥ 20
Copper Crisis?!What will happen with copper? As we can see, we’ve been consolidating for quite some time within our white BC correction level. We briefly attempted a breakout, but it was rejected at the orange level, which marks the reversal zone.
The question now is: so far, we haven’t formed a lower low. I strongly believe we’ll complete our white structure. As you can see, this represents a 60% increase.
What do they know that we don’t? What’s happening with copper?
COPPER PLAYCopper is showing signs of strength. How long that will hold up is anyone's guess and here is mine. A long term major support area is near and what i think will be our last chance to grab some copper at the lower price. Looking to either gain a short entry to kick things off and building a position. however happy to enter if major support is reached first. This is a long term investment and I'll be looking to trade and build on corrections until Major Target is reached.
For any one who may be still be trading my WTI end of year play. I would most seriously look at winding down that trade. Congrats to those who may have followed me in.
PLAY HARD TRADE HARDER
RenmoDs
CopperXCUUSD ( Copper / U.S Dollar )
Completed " 1234 " Impulsive Waves
Break of Structure
RSI - Divergence
Bullish Channel as an Corrective Pattern in Long Time Frame
Order Block
Copper - Markets await employment data!In the 4H timeframe, copper is located between EMA200 and EMA50 and is moving in its descending channel. Copper moved down from the supply zone of the previous analysis. If the upward trend continues, it is possible to sell copper in the next supply zone. The downward correction of copper will provide us with the opportunity to buy it with the appropriate risk reward
The governor of the People’s Bank of China (PBoC) has stated that the central bank will maintain its accommodative monetary policy in 2025. The bank also aims to promote sustainable development in the real estate and capital markets through effective utilization of structural monetary policy tools.
Meanwhile, the United States has imposed new export restrictions designed to curtail China’s ability to advance its high-tech semiconductor industry and slow the development of military applications for artificial intelligence (AI).
In response, the China Internet Association has expressed that these restrictions will significantly harm the healthy and sustainable growth of China’s internet industry. The association has also urged domestic companies to exercise caution when purchasing American chips and to seek expanded cooperation with chip manufacturers from other countries.
In a retaliatory move, China’s Ministry of Commerce has announced a ban on exporting key rare earth metals to the U.S. and is considering stricter reviews for graphite exports. These raw materials are critical for industries such as semiconductors, military systems, electric vehicle batteries, and solar technologies. The ongoing trade tensions between the two nations could have far-reaching consequences for both sides.
In the U.S., it is anticipated that November’s employment figures will reflect recovery after being weighed down by recent storms and a major strike.This aligns with a labor market that remains healthy but is gradually normalizing. According to a Bloomberg survey, nonfarm payrolls (NFP) likely increased by 200,000 in November, with the unemployment rate holding steady at 4.1%.
As the Boeing strike ends and recovery efforts from recent storms begin, November’s job report is expected to be less affected by unusual factors. However, a consistent decline in job openings, moderate employment growth, and layoff plans from companies like Boeing and General Motors indicate a softer labor market overall. These developments, along with Friday’s employment data, could significantly influence future Federal Reserve policy decisions and market expectations for interest rate cuts.
The Wall Street Journal reports that the U.S. construction industry is facing new challenges. The Trump administration’s immigration and trade policies have left homebuilders in a vulnerable position. New tariffs and restrictions on immigrant labor are two key pressures confronting the industry.
For instance, McKinney, Texas, which two decades ago was accessible only via a two-lane highway, has now grown to a city of over 200,000 residents, becoming one of the fastest-growing areas in the country. This city’s development has relied heavily on immigrant labor and industries dependent on imported steel and commodities. However, recent policies are imposing new challenges, leaving homebuilders grappling with even greater difficulties.
Copper Market Insights and Analysis..🌟 Current Market Overview 🌟 Copper is currently trading around $4.10 per pound, reflecting a strong bullish trend with a 20% increase over the past year. The recent stability in prices, coupled with minor fluctuations, indicates a robust market.
📊 Technical Analysis 📊
Moving Averages: Copper remains above its 50-day and 200-day moving averages, signaling continued bullish momentum.
RSI: With an RSI of 55, the market is neutral, suggesting potential for further upward movement.
MACD: The MACD line is above the signal line, another bullish indicator.
Support and Resistance: Key levels are identified at $3.90 (support) and $4.20 (resistance). Watch for potential breakouts!
🔥 Latest Market News 🔥
China Halts US Copper Scrap Imports: Tightening scrap supplies and potential increased demand for refined copper in China.
Global Demand Surge: The push for greener energy solutions is driving up copper demand, leading to price volatility.
Carnaby Resources Acquisition: This strategic move could impact supply dynamics significantly.
Chinese Smelter Cutbacks: Production cutbacks in China are contributing to recent price spikes.
🔍 Market Maker Strategies 🔍 Understanding market maker dynamics can be invaluable. By identifying liquidity zones and price reversals, traders can better navigate and capitalize on market movements. Our latest indicator script identifies high-volume areas, extends liquidity zones, and provides visual cues for potential support and resistance levels.
🌿 Future Outlook 🌿
Electric Vehicles: Expect a surge in copper demand due to the growing electric vehicle market.
Regulatory Challenges: Stricter mining regulations may impact supply.
Technological Advancements: Innovations in mining and recycling are crucial for meeting rising demand.
Stay informed and make strategic decisions with these insights! Feel free to share your thoughts and let's discuss further. 💬📈...
cooper longcooper
long
Please don't be greedy
ENTRY : yellow point
TP : blue lines
SL :
below red line for LONG position
above red line for SHORT position
INSTRUCTIONS:
For risk and money management:
5% of your wallet for LEV X ≤20
And
3% of your wallet for LEV X ≥ 20
