COPPER structure long set upSwing trade set up based of structure on copper.
Entry zone at 4.20 to 3.90 with 3 target zones.
COPPER trade ideas
Long copper!nasdaq/copper double bottom on the ratio - commodities to equities ratio is lower than 1999 bubble, 1970's. Chart speaks for itself IMO.
Copper Commodity USASun Storm Investment Trading Desk & NexGen Wealth Management Service Present's: SSITD & NexGen Portfolio of the Week Series
Focus: Worldwide
By Sun Storm Investment Research & NexGen Wealth Management Service
A Profit & Solutions Strategy & Research
Trading | Investment | Stocks | ETF | Mutual Funds | Crypto | Bonds | Options | Dividend | Futures |
USA | Canada | UK | Germany | France | Italy | Rest of Europe | Mexico | India
Disclaimer: Sun Storm Investment and NexGen are not registered financial advisors, so please do your own research before trading & investing anything. This is information is for only research purposes not for actual trading & investing decision.
#debadipb #profitsolutions
Global headwinds for copper?Copper has attempted a rebound from technical oversold levels in recent days, following a 20% drawdown from its all time highs, thus officially entering a bear market.
Is this an indication that investors have already priced in a global economic downturn and that the worst is now over?
Or are we merely experiencing a copper bear market rally, with further declines to come?
The previous days have acted as a relief rally in all assets that had declined in recent months. That's because interest rate fears cooled as inflation peaked. The market is beginning to believe that the Fed may not go all-in with rate rises and will thus need to release the brake to prevent more damage (a recession).
However, the most significant concerns associated with copper, particularly Covid-19 in China and the negative repercussions on global growth, have not dissipated.
If current geopolitical and economic challenges, such as Covid in China and the conflict in Ukraine, derail globalization efforts, copper prices may face further headwinds in the coming months as trade flows stall due to a drop in global consumer demand amid real income losses.
Copper prices exhibit an extraordinarily close link with South Korean exports ECONOMICS:KREXP — one of the world's most open economies and a gauge of the health of global trade flows.
Read more...
copper - return movment to the trend linemind the optimism. last couple of days is only the move back to the 8-month trend line and 12-month movAVG. spring/summer target around 300
Copper Buy the retest.XCUUSD - Intraday - We look to Buy at 4.221 (stop at 4.184)
Short term MACD has turned positive.
50 4hour EMA is at 4.221.
20 4hour EMA is at 4.225.
We look to buy dips.
Our profit targets will be 4.313 and 4.333
Resistance: 4.300 / 4.350 / 4.400
Support: 4.250 / 4.200 / 4.150
copper is heavily bearishcopper is heavily bearish toward 3.6 and then 2.5 USD/lb
a clear and powerful divergence of MACD on Weekly time frame indicating solid bearish move
there is support area near 3.6 including weekly ema200 and trendlines specified our first tp
for second tp we see ichimikou and there is monthly flat kijensen is telling us that copper will be headed toward south for second tp around 2.5
any comments please share
Copper Commodity USA Sun Storm Investment Trading Desk & NexGen Wealth Management Service Present's: SSITD & NexGen Portfolio of the Week Series
Focus: Worldwide
By Sun Storm Investment Research & NexGen Wealth Management Service
A Profit & Solutions Strategy & Research
Trading | Investment | Stocks | ETF | Mutual Funds | Crypto | Bonds | Options | Dividend | Futures |
USA | Canada | UK | Germany | France | Italy | Rest of Europe | Mexico | India
Disclaimer: Sun Storm Investment and NexGen are not registered financial advisors, so please do your own research before trading & investing anything. This is information is for only research purposes not for actual trading & investing decision.
#debadipb #profitsolutions
Copper Buy a break setup.XCUUSD - Intraday - We look to Buy a break of 4.551 (stop at 4.512)
Daily signals are mildly bullish.
We are trading at oversold extremes.
A higher correction is expected.
A break of the recent high at 4.550 should result in a further move higher.
Our profit targets will be 4.651 and 4.671
Resistance: 4.550 / 4.600 / 4.650
Support: 4.450 / 4.400 / 4.350
Copper Sell (Short term)We have seen an impressive bull run on Copper and Copper stocks over the past few months, my calculations / analysis shows that this may now be coming to an end and we should expect a short - term sell off on Copper and Copper stocks in the next coming weeks.
Copper (XCUUSD) will be entering a correction in the second quarter of 2022. At the current price, potential downside is about 22%. My first target for this quarter is $4.09/lb and $3.51/lb is the 'final safe' at which further analysis will be made available.
DISCLAIMER: This is purely educative content and must not be taken as investment advise.
Good luck
COPPER 25th APRIL 2022The world's demand for Hg/copper is reduced from the previous weeks, this could lead to a correction in copper prices.
there are sentiments to consider for trading COPPER. I usually use 2 sources to see the sentiment of big players:
1. LME : London Metal Exchange is a futures and forwards exchange with the world's largest market in standardized forward contracts, futures contracts, and options on base metals. The exchange also offers contracts on ferrous metals and precious metals.
www.lme.com
2. CFTC : Commodity Futures Trading Commission is an independent agency of the US government created in 1974, that regulates the U.S. derivatives markets, which includes futures, swaps, and certain kinds of options.
www.cftc.gov
It can be concluded that copper tends to be bearish for correction in the short term , but in the long term it still tends to be bullish .
1. Interest in the LME has decreased slightly from 684k to 675k: as in the theory of supply and demand, when goods are not in demand, prices will fall.
2. Contracts on metal trading on the CFTC tend to be more short contracts for the short term.
3. price breakout on the daily time frame, target to the next support level
New strategy upgradeHi traders, this is my personal trading idea only. Please give an AGREE/ LIKE if you agree with my TRADING PLAN. My chaos drawing is not to predict and guess the further, it is my plan where we are on the chart and how we shall trade on what we see. My trading strategy is Price Auction - PA using Price movement only, your comments are highly welcome. Trade well & Good luck guys.
3I would like this idea on my public profile only, I don't mind if it's not in the trading view ideas section.
New strategy upgradeHi traders, this is my personal trading idea only. Please give an AGREE/ LIKE if you agree with my TRADING PLAN. My chaos drawing is not to predict and guess the further, it is my plan where we are on the chart and how we shall trade on what we see. My trading strategy is Price Auction - PA using Price movement only, your comments are highly welcome. Trade well & Good luck guys.
New strategy upgradeHi traders, this is my personal trading idea only. Please give an AGREE/ LIKE if you agree with my TRADING PLAN. My chaos drawing is not to predict and guess the further, it is my plan where we are on the chart and how we shall trade on what we see. My trading strategy is Price Auction - PA using Price movement only, your comments are highly welcome. Trade well & Good luck guys.
Jamie Gun2Head - Selling the Retest on CopperRetest of previous support now turned resistance. Looking for 3.6%.
Dr Copper: lifting its head (again)?Crossing above key resistance
A bullish trend direction is applicable above 4.70.
Crossing below this level will negate the bullish view.
Upside price momentum supports the bullish trend direction.
RSI leaves some room for further upside price potential.
Copper looks interestingIt seems we have an ascending wedge formation on the 3h timeframe
Further confluence would be to
1.Wait for the break of the structure
2. Look for a lower timeframe structure for dirty (it could be a flag, triangle or even a smaller wedge)
It's a long way down patience pay
There's enough time to plan the trade and trade the prepared plan
Rising wedge formation #CopperA rising wedge seem to be developing on the 4h approaching the upper boundary at a key level of resistance
Once price gets to the upper boundary we have a high probability bid goin' short
