Copper SHORT Copper short @ 4.115, SL 4.235... Target 3.740 - 3.570... Now trading major supply zone also trading channel edge. If fails to sustain above 4.175 wll start downside move... Shortby Senthilkumar-ProfittoprofitUpdated 3
Copper Testing Support!Copper is testing major support going back to the lows from July of 2022. Can we hold here and get a nice bounce or will we see a breakdown? by Ryan_GormanPublished 2
Copper 1997Copper looking dangerously close to 1997. ARE WE BACK IN 1997? stay clear until this is closed above huge volume defined base (support) #copper #nasdaq #recession #spx #gold #silverShortby BadchartsPublished 3
Copper: Like a Lead Weight ⚖️No worries – we didn’t confuse our metals! However, like a lead weight, copper should continue to sink further, heading for the green zone between $3.08 and $2.59 in the south. Already the price has broken free from the recent sidewards movement and has developed a new low, showing more and more downwards momentum. Once copper has arrived in the green zone, it should complete wave 2 in green, marking a distinctive low, which should then introduce a strong upwards movement.by MarketIntelPublished 0
Key Levels and US Market Review for the Asian session open 22/05Major indexes in the US were weaker as Debt ceiling concern weighs on bulls. European markets ended the week in the green while Asian markets were mixed. Traders will be closely watching news for some sort of agreement on the US debt ceiling once Congress finishes playing politics. For now, I expect a tentative Asian market open and for major risk to remain on the sidelines. Expecting tentative open on Asian markets with the ASX200 and Hang Seng expected to open flat while the Nikkei to open slightly lower. Debt ceiling talks and coming economic data will remain the major focus as traders look to anticipate the end to interest rate rises. I expect that the debt ceiling will be raised once again as if they do not, volatility will spike hard and investors will drive Indexes lower. Some KEY ACTIONABLE LEVELS into the Asian market session. Review of the European and US sessions and what that will mean to the price action in the near term along with key levels to watch. Markets covered :- DOW Nasdaq DAX FTSE ASX200 Hang Seng USD Index Gold Oil Copper19:54by TradeTheStructurePublished 1
Copper H4 Trading The CorrectionIn this update we review the recent price action in the #Copper futures contract and identify the next high probability trading opportunity and price objective to target01:10by TickmillPublished 4
Will Copper find sellers at previous support?XCUUSD - 24he expiry - We look to Sell at 3.828 (stop at 3.868) Our bespoke support of 3.820 has been clearly broken. Our short term bias remains negative. Previous support, now becomes resistance at 3.820. Preferred trade is to sell into rallies. We look for a temporary move higher. A lower correction is expected. Our profit targets will be 3.728 and 3.708 Resistance: 3.744 / 3.770 / 3.820 Support: 3.700 / 3.671 / 3.640 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). 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 Signal Centre.Shortby VantageMarketsPublished 2
Copper Weekly setting up for more FreefallLike last June, Copper setting up for a free fall to area of Point C around 680. This area is a thin volume area and likely to offer very little support, and would represent 6.72% further drop from today's close of 729.Shortby UnknownUnicorn13101Published 5
Wyckoff Accumulation Patterns - Copper LongRecognized accumulation pattern A - decreasing volume on lows B - decreasing volume on lows The lows in pattern B did not break the lows from A. This indicates that the market is strong and well controlled by large operators. In the lows of pattern B, the last one on the lowest volume forms a very large, bullish engulfing candle. C - the largest buying wave not only in the entire accumulation pattern but also the largest since the beginning of the decline - showing strength, breaking out of the range on very high volume. The recent 4h candles on the chart are testing the breakout. It seems that the pattern is set up for an upward move. I'm providing two targets... Indicators used: Wyckoff Wave Chart What do you think about this chart? Follow us for updates! VolumeDayTraderLongby VolumeDayTraderPublished 1
COPPER: 4month Support on the 1D MA200. Bullish.Copper is trading inside a Channel Down pattern that is approaching the bottom of a Rising Megaphone pattern. The price is almost neutral (RSI = 44.491, MACD = -0.036, ADX = 22.406), stuck between the 1D MA50 and 1D MA200. As the RSI is on the S1 Zone as well, the conditions for a longterm buy are pilling up. First we target the Channel Down top (TP = 4.1000) and if we get a daily closing over it, continue buying to R1 (TP = 4.3500). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##Longby InvestingScopePublished 9912
MGH1! short 4HMGH1! the trend is bears market I m looking for short chances for now this is the two scenarios lower low at 3.8550 or reversal at 3.9305 This is my view only for education Shortby shs0404Updated 110
Copper: lifting its head (again)?A price action above 3.85 supports a bullish trend direction. Further bullish trend confirmation for a break above 4.05. The target price is set at 4.15. The stop-loss price is set at 3.80 (200-day simple moving average). Fading downside price momentum supports the bullish trend. Also retracting from the lower range of the Bollinger bands. Longby Peet_SerfonteinPublished 1
3rd roundCopper is trading just over the resistance. Looks like is accumulating and ready to break up. You can buy the ETF CPER instead of the futures. Longby ArturoLUpdated 0
Copper - Set-Up for DeclineI believe copper is set up for a decline in the near term. Structural price action in the copper futures along with the 2 largest US copper producers stock price structure suggest price decline from this point. FCX BHP Group Shortby oliverrathbunUpdated 222
copper longBuy: 4.730 or lower Stop: 4.550 Notes: maybe copper will catch up to other metals The model: The Ingenuity Trading Model is a Geometric Markov Model with specific inputs related to Price, Time, Volume , and Volatility. The model attempts to predict local minimums and maximums in price on a daily and weekly basis. A fancy way of saying a trading system that detects specific patterns in price, time, volume, and volatility and indicates whether to buy or sell. On winning trades after 1 day take at least ⅓ of the position off and move stop to breakeven Longby IngenuityTradingPublished 1
Copper H4 Triangle Break Trade Targeting 4.252In this update we review the recent price action in the #Copper futures contract and identify the next high probability trading opportunity and price objectives to targetLong01:16by TickmillPublished 4
Copper Bullish Cup and Handle FormingHandle forming now with potential to break out over the neckline next year Longby TradingMulaPublished 5
Copper Futures March April Challange Hello my friends! How is going your trading week? I hope that is doing well, anyways lets talk about this operation! Bulish: Here we are waiting in the bullish way for a retest on TL that was recently broken, and from there we gonna wait for the retest then a break on the most recent high and the we gonna see if the price gonna reach the closest resistance (DR). Bearish: Here for the bearish term we gonna wait for the price going back to his last channel and then get in bearish for a channel strategy of selling high and then buying low.by CherPetitPrincePublished 111
Bull flag pattern A bull flag pattern is a chart pattern that occurs when a stock is in a strong uptrend. It is called a flag pattern because when you see it on a chart it looks like a flag on a pole and since we are in an uptrend it is considered a bullish flag. Buy copper - 780-782 Target - 810, 821, 844, 865 Stop loss- 755Longby kartik89bhatnagarPublished 5
Bull flag pattern A bull flag pattern is a chart pattern that occurs when a stock is in a strong uptrend. It is called a flag pattern because when you see it on a chart it looks like a flag on a pole and since we are in an uptrend it is considered a bullish flag.Longby kartik89bhatnagarPublished 0
Copper Futures DowntrendCopper Futures Downtrend Lower highs and lower lows went into sideways for a short time and then support was broken Short immediately or short on strength Entry based on FIB levels .382(3.8950) and the presence of sellers SL: 4.0290 ( last lower high) TP: 3.7380 (its the next support level)Shortby SMS14Published 0
copper is primed and ready for higherdont let the fake accounts fool you copper is ready to fly imo. first targets 4.18-4.28.Longby goldenroad00000001Published 0
Copper is in bull flag hereAs long as this trendline holds, Cooper should push up for one more high. This should hold together with the maj indexes or it will really start crashing soon. I think it's not there yet!by RealTimaPublished 3