COPPERPair : Copper CU Description : Completed " 12345 " Impulsive Waves Break of Structure Bearish Channel as an Corrective Pattern in Short Time Frame RSI - Divergence O-Bby ForexDetectivePublished 2
Copper on a possible breakout retest, resumption of a half-cycleCopper on a possible breakout retest, resumption of a half-cycle low. 28 days of what appears to be a weekly and daily cycle low. There could be significant gains until the end of October. Entry: 9.984 Stop Loss (SL): 8.520 (The chart may look slightly different for you depending on the instrumentLongby martinxi5u4Updated 2
Is copper leading the heat upwards, or is it misconducting us?On the 4H CAPITALCOM:COPPER has formed a rising wedge. Following the drop from Aug 27 it hit the Fib sweet spot, retraced, and then dropped quite a bit. It has now turned and crossed significant Fib levels on its way up and is currently resting on the 61.8% level. The 50EMA is also crossing up thrLongby WeRideAtDawnUpdated 3
Copper 1D Long – Targeting 0.5-0.6 Fibonacci LevelsCopper is showing signs of a potential bullish move on the daily chart. The setup suggests a possible retracement before a continuation to higher levels. We’re targeting the 0.5 to 0.6 Fibonacci retracement levels, with price targets set between 4.5000 and 4.7000. Technical Analysis: • Fibonacci Longby AR33_Updated 779
Copper Gets Double Boost from China Stimulus & Fed Jumbo CutThe Fed’s outsized pivot last week and guidance for multiple cuts ahead helped copper’s recovery, as it increases chances of a soft landing for the worlds largest economy. Furthermore, lower rates are expected to bring mortgages down and help the real estate market. Copper got a second boost this wLongby FXCMPublished 1
Copper Supported by the Fed’s Jumbo CutAfter May’s record peak, copper prices slumped as demand optimism went away due to US and China economic fears, EV adoption slowdown and AI euphoria giving way to skepticism. However, copper staged a rebound, as China has been stepping up its effort to prop the economy, while AI optimism returned reLongby FXCMPublished 112
Copper CUPair : Copper CU Description : Completed " 1234 " Impulsive Waves Break of Structure RSI - Divergence Falling Wedge as an Corrective Pattern in Short Time Frame Demand Zoneby ForexDetectivePublished 1
Bullish momentum to extend?COPPER is falling towards the support level which is a pullback support that align with the 23.6% Fibonacci retracement and could bounce from this level to our take profit. Entry: 4.2646 Why we like it: There is a pullback support level that aligns with the 23.6% Fibonacci retracement. Stop loss: Longby VantageMarketsPublished 4
XCUUSDPair : XCUUSD ( Copper / U.S Dollar ) Description : Completed " 12345 " Impulsive Waves and " ABC " Corrective Waves Break of Structure Fibonacci Level - 78.60% Symmetrical Triangle as an Corrective Pattern in Short Time Frame Demand Zoneby ForexDetectivePublished 3
CopperPair : Copper - CU Description : Completed " 12345 " Impulsive Waves and " AB " Corrective Waves Break of Structure RSI - Divergence Rising Wedge as an Corrective Pattern in Short Time Frame Demand Zoneby ForexDetectivePublished 2