copper realtime chartprice closing above this level 3.58910 levels than good move seen in copper Longby DeepakGupta2
90RR Trade for CopperIt seems like the bottom might be in for Copper. Numbers on the right for entry and stop loss. To be more conservative you could place the SL below the purple zone but your RR will be lowered. 35% gain with no leverage targeting $4.85.Longby TipsOfPips0
Copper Next Move Pair : Copper CU Description : Falling Wedge as an Corrective Pattern in Long Time Frame and Rejection from the Lower Trend Line to Complete its Corrective Waves " ABC " after Impulsive Waves. Bullish Channel in Short Time Frame and Rejection from Lower Trend Line after " B " Wave Precautions : Wait until it Breaks Bullish Channel or Rejects from Upper Trend Lineby ForexDetective227
Dr copper potential more downside moveHello traders, lets take a look at copper which testing an important resistance area and see what can possibly happen and what are the consequences of possible bearish move in other markets like us equities. first lets talk technical, price overall bearish Daily move in copper formed a standard #head_and_shoulder pattern in form of consolidation in downtrend move and as we know this chart pattern in the middle of a move showing continuation. As it can be seen price formed clear H&S pattern and now forming possible LH at key resistance area below Daily EMA and at the 4H timeframe 200 EMA. more importantly price failed to close above 3.80$ in the past 3 days. Also we know that copper as one of the most important commodities is very sensitive on economic data, and since central banks are in raising interest rate campaign in order to take control inflation this can be interpreted as lower economic growth and as a result les demand for industrial commodities like copper which can bring prices lower. so now obvious chart pattern and a valid downtrend, price testing important resistance area and failed to break above it and more importantly we have fundamental aspect inline with technical analysis which all together gives good odd to find a trigger to short.Shortby mohematiUpdated 6
Copper - has a history of crashing violently.As a industrial metal When the economy slows the price of copper nosedives as we saw last summer when that neckline was breached Can we see the same again? sure But electric cars??? What of Tesla . Rivian, BYD makes you wonder, hey?Shortby BallaJi5
Dr. Copper has a PHD in ECONOMICSBEAR FLAG? The target would make a trendline from our two major demand destroying events 08 & Covid Crash Listen to Dr. Copper when he speaksShortby BallaJiUpdated 333
COPPER 02/10 MovePair : CU Copper Description : Symmetrical Triangle as an Corrective Pattern in Short Time Frame and Breakout the Lower Trendline and Completed the Retracement after Impulsive Waves and Correction " wxyxz " , If it Breaks the Lower Trendline of the Correction " Bearish Channel " then sellby ForexDetective3
CopperJust a pure technical trade. a broadening structure on a bear pole. with a nice little continuation pattern to start the downside move.Shortby JanisKupsis0
Copper ~ 2H Intraday Chart (Sept-Oct)CAPITALCOM:COPPER chart mapping/analysis for short-term & intraday trades.by BlueHatInvestor1
Copper ~ Daily Swing Chart (Sept-Oct)CAPITALCOM:COPPER chart mapping/analysis for med-long term swing trades.by BlueHatInvestor1
CU Copper 22 / 09 MovePair : CU - Copper Description : Impulse Correction Completed and it will again make its Impulse in a Corrective Pattern Bearish Channel in Short Time Frame. We have Break of Structure if it breaks the Upper Trend Line then Buy and If it Rejects from the Demand Zone then Sellby ForexDetective2
$Copper Trend line break In the context of technical analysis, when CAPITALCOM:COPPER experiences an uptrend trend line break to the downside, it typically serves as a warning sign for investors that the previous bullish momentum may be waning. Such a break could indicate that the asset is shifting from a bullish to a bearish trend. This is often considered a sell signal or at least a reason to reconsider long positions in the asset. Investors considering this development should look for additional confirmation signals such as increased trading volume during the break, bearish candlestick patterns, or other technical indicators turning bearish, such as the MACD crossing below its signal line or the RSI moving below 50. It's also advisable to check for any fundamental factors that may be influencing the price of copper, such as economic data releases or changes in market sentiment, to ensure that the technical signal is not a false one. In summary, a trend line break to the downside in an uptrending CAPITALCOM:COPPER market could be a significant bearish indicator, and investors should exercise caution and consider employing risk management techniques like setting stop-loss orders.by AlgoTradeAlert1
Copper ready for upside move For all trade on my Auto Harmonic patterns indicator trade setup - Risky trades can take trade after crossing 23.6% on either side and safe traders can take trade after 41% We can start buying when our Trailing SL hit at 23.6% with SL of recent low our Target will be 41%, 78.6% , 127.2% 161.8% and 223.6 % , when reversal pattern appears on chart we have to trail our SL if trailing SL hit exit from long trade and initiate sell trade ,by JaiPrakashShuklaHarmonicTrader0
Possible flag on Coppperthere is a possible flag on copper. pattern is right, only volume does not match the pattern. On a big timefram copper looks bullish so maybe if the pattern (flag) breaks with good volume. The pennant on bigger timeframe will also break. !! only trade if pattern break with good volume and price action Longby Bastogne94561
Copper ShortLooking to short copper. China's economy plunging. Counts over 50% of the world demand. So basically China's economy weak, equals copper price weakness. Price hit supply and shows signs of weakness. If current range doesn't hold and breaks down. Then I will short doctor copper.Shortby GoldvalleyCapUpdated 2
Copper 08/09 MovePair : CU - Copper Description : It has Completed its " 12 " Impulsive Wave at Fibonacci Level - 50.00 or Demand Zone. Bearish Channel in Short Time Frame and Impulse Correction in Long Time Frame completed its Impulse and Correction at Fibonacci Level - 61.80% it will again make Impulsive moveby ForexDetective4
Dr Copper ~ Snapshot TA / Contraction x Expansion = InflectionIt ain't easy being DR CAPITALCOM:COPPER Peaked in March 2022, only to crash -38% & bottomed-out in July 2022. Since then it has fluctuated between Contraction (will Global Economy collapse?) versus Expansion (will Global Economy recover?), while also contending with outlook of China's Economy, yeesh lol. Copper's price action has also been compressing, as descending trend-line squeezes current Trading Range against ascending Parallel Channel. This suggests momentum will eventually need to "pop" in either direction...but it could also continue trading sideways a little longer while more data is disseminated by Market Makers to make a confident decision, TBC. Tick tock, time is running out for the Doctor.. Boost/Follow appreciated, cheers :) AMEX:COPX AMEX:CPER COMEX:HG1! COMEX:HG2! by BlueHatInvestor2
COPPER 24-08 MovePair : COPPER Description : Impulse Correction Impulse Break of Structure Bullish Channel in STF as an Corrective Pattern RSI - Divergence Fibonacci Level - 50.00%/ 61.80%by ForexDetective3
COPPERHi,,,,GUYS look at my last speech on copper :https://www.tradingview.com/chart/COPPER/Ng01HLRj-COPPER/ always there is opportunity in market we lost some money on copper short but now we obtain huge again from copper long .....now you can close your long position ....and take your profit off the table ... Good luck by Logical_Markets0
$copper buy the rumor sell the news tradeChina news are more often.. I won't mind if the prices continues to go down, because of the low risk of my position at the moment. Confluences: -false brake-downs -61.8 retracement -buy the rumor sell the news -MAs work Longby Kangaroo-Market1
#COPPER Weekly Chart Trend Line TestDOC COPPER Weekly Chart Trend Line Test. Guess who was the legendary trader that said this? "Copper is a very sensitive barometer of the business cycle. It is the first metal to feel the pulse of trade. When copper goes up, it is a sign that business is improving. When copper goes down, it is a sign that business is declining." by AlgoTradeAlert4
COPPER Daily / 4HCopper broke daily trendline / Channel & 50EMA with double top retest rejection. First & second target on the chart Shortby Reztlezz4
COPPERHi guys as i have said we closed our long copper because it confirmed below 3.88. we should accept our loss and prepare ourself for another position.......you cant always take profit from market that is the nature of the beast...... look at my chart and high potential zones for retrace are remarked.......continue your path. Good luckLongby Logical_Markets3