Get started
Copper FuturesCopper FuturesCopper Futures

Copper Futures

Overview News
Ideas
Discussions Technicals Forward curve Seasonals

COPPER1! trade ideas

COPPER best time to buy now. 2 year rally ahead.This is COPPER on the 1W time-frame. I've made this idea to show to long-term investors why the metal is currently on the most optimal buy levels ahead of a two-year rally. As you see, the price has been rising since the August pull-back. Not only is it posting a recovery but the August low happened almost on the 1W MA50 (blue trend-line), which has been the markets major Support since the June 2020 bullish break-out. The pattern bears strong resemblance with the 2004 fractal. As you see both Cycles made a Double Bottom, which initiated the rally, a 1W Golden Cross was formed along the way and when the price hit the Resistance of the previous Cycle High, it made the first substantial correction/ pull-back. In both cases, the 1W MA50 held and then a 1 year Channel Up followed supported by the 1W MA50, which eventually paved the way for the final parabolic rally. The RSI sequences are also quite similar. It is obvious the Copper is replicating the previous Bull Cycle and since the 1W MA50 held so emphatically, it is most likely the most optimal level to buy on the long-term. ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** -------------------------------------------------------------------------------------------------------- !! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !! 🎉 👍 Shout-out to TradingShot's 💰 top TradingView Coin donor 💰 this week ==> Vergnes --------------------------------------------------------------------------------------------------------
COMEX:HG1!Long
by TradingShot
6
Copper Wyckoff distribution idea!Hello my beauties. The arrows don't reflect an accurate prediction of what the price will do, just a rough idea of the areas that I'm expecting the price to move towards. For all the ones that have taken the trade already, good job! Copper has just entered a phase of distribution and I want to profit from it while it's rangebound. I will be long until the price reaches above the Buying Climax (BC). If you find this idea to be helpful like, follow, and drop a comment below if you'd want me to analyse a different pair. Consider supporting me if you think I am providing you with value. Peace. Luca, TrickleDownFX
COMEX:HG1!Long
by TrickleDownFX
HG1! Daily TimeframeSNIPER STRATEGY This magical strategy works like a clock on almost any charts Although I have to say it can’t predict pullbacks, so I do not suggest this strategy for leverage trading. It will not give you the whole wave like any other strategy out there but it will give you huge part of the wave. The best timeframe for this strategy is Daily, Weekly and Monthly however it can work any timeframe above three minutes. Start believing in this strategy because it will reward believers with huge profit. There is a lot more about this strategy. It can predict and also it can give you almost exact buy or sell time on the spot. I am developing it even more so stay tuned and start to follow me for more signals and forecasts.
COMEX:HG1!Long
by hadimozayan
JICPT| Copper broke the range moving on to next one!Hello everyone. Fundamentally, copper is used in everything from wiring to electronics, and electrical cars. It is regarded as a leading indicator of global economy. Previously, I've published ideas about copper and projected price by measured move. Now, price has finally broken out the range. What' next? Again, I replied on abcd pattern and measured move(range). The target is previous high level of 4.62ish. It's quite simple and easy to understand. What's your opinion? Give me a like if you're with me.
COMEX:HG1!Long
by JICPT
DXY COPPER9.13.21 This is about comparing the DXT to Copper Range of price and volatility. I'm sure this is taught somewhere, but this is something that I had to derive on my own and it took me many years before I had a conscious awareness of behaviors that would become important priorities for my trade decisions. This is not an eloquent presentation, and it may be incomplete, but it's something that I processed into my trade decisions consistently even though it is not perfect. So factoring in warts and all, I would suggest that you spend an hour or so, try to duplicate the patterns, and calculate the numbers for yourself, and then decide if it has any value for you or not. This is because I don't think it's that easy to find information like this, yet you have to decide if it has any meaning for you or not. One of the biggest conundrums of trading is that you hear what wise people tell you you need to do... Such as " trade what you see," when you really don't know what that means. I have chosen volatility and price range into my decision-making. I am not an educator and a teaching scholar. My mission was to trade better for myself, and then help a few friends that could use some help. You have to think about volatility and ranges in my opinion, there really is no choice as I see it. But you have to decide. It's worth an hour or two of your time. I only wish I had only wasted a couple of hours of my time learning what I needed to know.
COMEX:HG1!
by ScottBogatin
2
Copper The pullback in copper ended up being a three wave rise wherein it retraced slightly more than 61.8% retracement in international copper chart of wave Y. This opens up the possibility of one more leg to the down move in the form of wave Z. Overall look Retracement levels in copper international chart MCX chart retracement Weekly macd bearish Daily macd below zero line and down tick Rsi in Weekly down tick Rsi in daily down tick Dmi adx also Negative Below middle bollinger band Disclaimer I am not sebi registered analyst My studies are Educational purpose only Consult with your Financial advisor before trading or investing
MCX:COPPER1!Short
by RK_Chaarts
COPPER-simple setup-trade idea-Analysis: Copper had a strong momentum to the upside since the beginning of the year of 2020. So far we had a strong rising market without any decent retracement. I expect a strong retracement from here, we should go back to the normal levels (around 3$) to continue the rise on a healthy way. The demand for copper is still huge from the automotive industry (copper is a necessary component of electric cars). Here you can see on the chart my expectations to the upcoming weeks. We had a strong trend to the upside which is broken, I also see a noisy downtrend forming, aiming the 3$ level. Please find below our community trade idea below: Trade: SHORT Entry: 4.29$ 1st target: 3.5$ 2nd target:3.17$ (+25%) S/L: 4.530$ (-5.96%)
COMEX:HG1!Short
by tmsarn
Copper prices may turn lower after re-testing former supportCopper prices are retesting support-turned-resistance in the 4.26-4.45 zone, marked by the intersection of a six-month inflection area, the uptrend from the Covid-induced March 2020 low, and a neckline support from early March. Signs of indecision in the daily candlestick structure and negative divergence on short-term momentum studies warn of topping. In all, the setup suggests that a corrective upswing following a major bearish breakout has run its course, with the emerging downtrend aiming to reassert itself in the near term. The first major layer of support lines up near the 4.00 figure. Fed-speak at the Jackson Hole symposium - particularly the speech from Chair Powell - may emerge as the catalyst for weakness. A measured-move projection implies a move below 3.40 may ultimately materialize.
COMEX:HG1!
by IlyaSpivak