COPPER ANALYSIS 1WIn my opinion, copper will move like this for the coming months and years until 2026
XCUUSD trade ideas
Copper double topDouble top in copper targets below the 200dma at 3.70, break of channel will assist.
Copper Long - 35RRI'm expecting Copper to reverse to the upside pretty much exactly at $4.
This trade carries the opportunity to secure 35R with 1R risk.
So effectively it's a high risk trade, but for me this trade has a lot of confluences I like.
I will also be looking to find higher RR opportunities on the lower time frame if the market provides those opportunities.
Copper LongCopper is an essential industrial metal used worldwide. Copper prices are followed in financial markets around the globe and the metal is growing in popularity. Copper is widely used in construction and because of its electrical properties is found in wires and circuit boards.
COPPER Supply And Demand Short Trade IdeaSee Chart For Analysis.
HTF Daily Supply:
-Price reqcting off of daily supply
-Trend = up/sideways
-Looking for shorts but wait for ocnfirmation shorts on LTF.
LTF 1hr Timeframe:
-Price broke upward trend line
-Price removed opposing pivot demand
-RBD created
-Price continued to make new LH/LL so sellign in those areas of supply with new 1min supply is also valid.
Copper: a correction?A price action below 4.15 supports a bearish trend direction.
Increase short exposure for a break below 4.05.
The target price is set at 4.00.
The stop-loss price is set at 4.15. Negate the bearish stance for a break above this level.
Copper is often referred to as "Dr. Copper" because it has a reputation for being a good indicator of global economic growth (Economic growth indicator). Might it signal something?
Copper is breaking out on both Weekly and Daily TF
Copper is breaking out on both Weekly and Daily TF
Copper Price versus nickel, zinc and leadSince 2003, the copper price has been outperforming other industrial metals such as zinc, lead, nickel and aluminium.
Copper possible 1M short on 1 M supply 1M supply is in play
Long term short possible upon fresh W supply formed
COPPERImpulsive wave 5 is on the progress which will terminate the high of the wave 3.
Wave 5 is the smaller degree of a wave iii. The next wave iv would be a flat pattern. As a rule, if wave ii ended with a zigzag pattern, then the wave iv might end as flat pattern.
The price is very strong enough to go up as it has supported the 200ma along with RSI and MACD with a positive indication.
copper to breakout valid only of there is a clear breakout, above the 100SMA and forming a strong resistance on the downward trend
Copper looks good for a position tradenice reaction from demand zone created a bear trap, and so it worth stalking lower timeframes for low risk entry setups on intraday pullbacks to LTF demand zones
Copper LongStructure and Elliot wave analysis
I will be looking to go long at this area marked out. I haven't set orders yet, but this is an 4H structural shift so as long as momentum coming into this zone is weak I will be looking to place orders.
COPPERWave C of a zigzag pattern is underway and forming ending diagonal pattern that indicates the reversal pattern.
Copper to Gold ratio shows signs of weakness if not panicCopper is an industrial metal,
Gold is valued in times of money panics since no counterparty.
both are metals.
both theoretically benefit from inflation.
One is clearly losing ground to the other one.
there is information there.
Copper Long5.3 Risk to Reward
Swing trade idea.
You may want to find some structural breaks on the lower time frame to get more refined entries and get a better risk to reward ratio.
This trade is probably a 2/5 probability idea, so still a positive expectancy. Just expect this to fail 60% of the time though.
Copper Long - 11RRLong trade on Copper.
Wave analysis + Bull Flag
I'm expecting the most likely move for copper is a move up to 4.85.
I will be looking for longs once price goes below the orange line at the entry tool.
What Doctor Copper is saying this week about the economyDr Copper has a PHD in economics. narratives can be wrong, be price action is closer to truth.
Lots of stories about no landings and china re opening. But price action is saying something else.
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.
Strong economyCopper price shows inflation didn’t die yet and it will continue to grow.
Copper price will be the real threat soon.
Higher copper price means higher inflation.
Solid buyThis is not magic, this is the fact of strong buying in the area of the bullseye 3.72, take profits and exit at the level of 4.60 boom
Copper Support & ResistanceCopper is struggling at resistance. Often when Copper Struggles, so to does the S&P500.
Copper can be ultra sensitive to the Dollar and yields, so watch it carefully as an economic barometer.
