Pair : Copper - CU Description : Completed " 12345 " Impulsive Waves Break of Structure and Retracement RSI - Divergence Demand Zone as Support Fibonacci Level - 78.60%
While the decline in copper persists, @HG is nearing areas of previous demand on intermediate-term timeframes. Specficially, we will be watching the industrial metal's action between the prices of 4.1130-4.0605 (with hypothetical stop lower @ 4.0250). Given the current momentum and potential add'l downside per larger timeframes, we recommend watching for micro-TF...
Pair : Copper - CU Description : Demand Zone Completed " 12345 " Impulsive Waves and " A - B ( Irregular ) Corrective Waves Break of Structure RSI - Divergence Fibonacci Level - 127%
Pair : CU - Copper Description : RSI - Divergence Completed " 12345 " Impulsive Waves and " AB " Corrective Waves Break of Structure and Retest Impulse Correction EXP FIAT as an Corrective Pattern in Short Time Frame
Pair : CU - Copper Description : RSI - Divergence Completed " 12345 " Impulsive Waves and " AB " Corrective Waves Break of Structure and Retest Impulse Correction EXP FIAT as an Corrective Pattern in Short Time Frame
Pair : CU - Copper Description : Completed " 12345 " Impulsive Waves and " A " Corrective Waves Break of Structure Fibonacci Level - 38.20% RSI - Divergence CHoCH Bullish Channel as an corrective Pattern in Short Time Fame
H1 - Bullish trend pattern Higher Highs Currently it looks like a pullback is happening Until the strong support zone holds my short term view remains bullish here.
Pair : Copper CU Description : Bearish Channel as an Corrective Pattern in Long Time Frame Break of Structure Demand Zone RSI - Divergence CHoCH Falling Wedge in Short Time Frame
Pair : CU - Copper Description : Completed " 12345 " Impulsive Waves Falling Wedge as an Corrective Pattern in Short Time Frame Break of Structure RSI - Divergence Demand Zone
Pair : CU - Copper Description : Bearish Channel as an Corrective Pattern in Long Time Frame RSI - Divergence Break of Structure Completed " 12345 " Impulsive Waves Consolidation Phase in Short Time Frame
Hello traders, The significant drop in copper prices since May 2024 can be attributed to the overall correction in global commodity prices and the influence of macroeconomic factors. Copper prices, which have historically been a crucial indicator of the global commodity market, have seen a substantial downward trend since May. Check on the weekly right chart,...
Pair : CU - COPPER Description : Falling Wedge as an corrective Pattern in Short Time Frame RSI - Divergence Break of Structure Demand Zone Completed " 12345 " Impulsive Waves
Pair : CU - Copper Description : Break of Structure Consolidation Phase in Short Time Frame RSI - Divergence Demand Zone Completed " 12345 " Impulsive Waves
Pair : CU - Copper Description : Completed " 12345 " Impulsive Waves Break of Structure and Retracement RSI - Divergence Consolidation Phase in Short Time Frame Resistance Level
Pair : CU COPPER Description : Bullish Channel as an Corrective Pattern in Long Time Frame RSI - Divergence Break of Structure Completed " 12345 " Impulsive Waves Symmetrical Triangle in Short Time Frame and Breakout of Upper Trend Line
Pair : CU - Copper Description : Completed " 1234 " Impulsive Waves Break of Structure Demand Zone Rejection from Ascending Trend Line Fibonacci Level - 50.00%
Waiting for rejection off the liquidity zone. Selling only after the break below the HMA and the retest of the liquidity zone. The break below the HMA has already happened. In the area of the retest of the liquidity zone at the moment. Looking to sell from that zone. Trading this off a higher timeframe as this is a 3 week swing at the least **This is just my...
Copper prices have recently reached a 14-month high, driven in part by China's economic improvement. This could be a potential trading opportunity, but it's important to be well-informed before making any decisions. Copper is a key economic indicator, and its demand is expected to rise. However, the market can be volatile. Here are some resources to help you...