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Xcuusd (Copper)

Copper Sell (Short term)We have seen an impressive bull run on Copper and Copper stocks over the past few months, my calculations / analysis shows that this may now be coming to an end and we should expect a short - term sell off on Copper and Copper stocks in the next coming weeks. Copper (XCUUSD) will be entering a correction in the second quarter of 2022. At the current price, potential downside is about 22%. My first target for this quarter is $4.09/lb and $3.51/lb is the 'final safe' at which further analysis will be made available. DISCLAIMER: This is purely educative content and must not be taken as investment advise. Good luck
OANDA:XCUUSDShort
by Timgucci
COPPER is one of the best investments on a 2 year basisInvestors looking for value long-term better have a look at Copper, which has been consolidating ever since its May 2021 All Time High (ATH). The 1W MA50 (blue trend-line) has been supporting all this time, indicating that the market has found a new long-term demand zone where buyers step in. The last time a similar demand level on the 1W MA50 took place was half-way through Copper's historic parabolic rally of the 2000s. In particular, in February 2004, the market made a similar High (red flag), then turned sideways into a +1 year accumulation period, when again the 1W MA50 was supporting. Eventually that demand level initiated the last and more aggressive part of this rally during 2005-2006. The 1W RSI sequences between the accumulation phases of today and 2004 are also identical. The 2006 rally peaked a little higher than the 2.0 Fibonacci extension. That should be a solid benchmark for long-term investors looking for value. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
COMEX:HG1!Long
by TradingShot
1
Copper XCU/USD (It is melting UP) View On Copper XCU/USD (25 Nov 2021) Copper is good UP gradually and the main momentum is in the LONG side. As a trader we shall stick with the main trend, while we scout for the best possible entry, As long as the price of Copper doesn't go below $390 again, it is a better bet to be on the buy side. It shall retest $460 soon. $485 and $500 will be the next. DYODD, all the best and read the disclaimer too. Feel Free to "Follow", press "LIKE" "Comment". Thank You! Legal Risk Disclosure: Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor. DISCLAIMER: Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice. Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
XLong
by SonicDeejay
COPPER (XCU/USD) – Week 46 – Heading towards the resistance.In the coming week, we anticipate the price to reach the resistance area highlighted on the chart. We expect this move to have corrective nature. Trade with care. Best regards, Financial Flagship Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
OANDA:XCUUSDLong
by financialflagship
8
COPPER (XCU/USD) – Week 45 – Consolidation expected.In the coming days, we are expecting the pair to start a consolidation that has the potential to the resistance level. Trade with care. Best regards, Financial Flagship Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
OANDA:XCUUSDLong
by financialflagship
13
COPPER (XCU/USD) – Week 44 – Market bound for a pullback.In our last week’s analysis, we anticipated the pair to finish the consolidation and make a new top. Instead, the price made a deeper than expected pullback. For next week, we could see a bullish move developing, at least for correction. Trade with care. Best regards, Financial Flagship Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
OANDA:XCUUSDLong
by financialflagship
11
COPPER (XCU/USD) – Week 44 – Prepare your buy setups.In our last week’s analysis, we correctly anticipated the pair to pullback. For next week, we foresee the pair finishing the consolidation and making a new top. Trade with care. Best regards, Financial Flagship Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
OANDA:XCUUSDLong
by financialflagship
13
COPPER (XCU/USD) – Week 42 – New top on the cards.In our last week’s analysis, we correctly anticipated the pair to continue the uptrend. For next week, we foresee the pair making a small pullback towards the support and break the top. Trade with care. Best regards, Financial Flagship Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
OANDA:XCUUSDLong
by financialflagship
7
Copper Triggers Flag Pattern, similar looking to Oil BreakoutCopper confirmed a daily breakout of a flag pattern. Great follow through today. Next resistance comes in at previous highs of 4.80, and then likely new highs after that. Potential retest of the trendline breakout is possible. Just normal breakout market structure. This chart interest me because it is very similar to Oil a few months back. And look what happened: Hoping for a similar move. Inflation trade? Metals are getting a bid, and let's not forget to give some love to Dr. Copper!
OANDA:XCUUSDLong
by Uncharted-FX
COPPER (XCU/USD) – Week 40 – Strong bullish signs.In our last week’s analysis, we anticipated the pair to consolidate above the orange trendline and head towards the resistance area. Instead, the price corrected deeper than expected and at the end of the week it finally broke the trendline again, but this time looks like a more solid breakout. In the coming days, we foresee the pair to consolidate around this area and head towards the first resistance area. Trade with care. Best regards, Financial Flagship Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
OANDA:XCUUSDLong
by financialflagship
7
FIRST QUANTUM MINERALS CORRECTION In very simple terms, I can see FQM stock price going to my second target levels around 61.8%, we could potentially see the stock price trade around CAD$16.32/share in the next few weeks. On the daily timeframe, price has been trading below the 100 SMA and we could see a continued bearish trend to complete the corrective phase. Please refer to initial correction forecast in link below. DISCLAIMER: This is just an idea and must not be taken as a trading or investment advice in anyway.
TSX:FMShort
by Timgucci
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 into JacksonCopper: Market Commentary 23.08.2021 A couple of points to note here; we ticked the 161.8% extension which was our third wave target in our previous copper chart at the beginning of 2021. It always comes down to the same situation; an impulsive complex which can be called sound, but which has one sickly component. As we head into Jackson, according to the long term wave count we have the following two charts which distinguish the five wave sequence: So now buyers are a point up after sweeping the highs, they are in a position to take profits over the coming months and quarters and bring together their own herd again at 3.33x lowest play the fifth wave inside of our major third wave. So far we have done a good job of shepherding the flows in copper as all has been predicable on the technical side; here looking for 3.33x before a slingshot towards 5.50xx in 2023.
COMEX:HG1!Short
by ridethepig
1
COPPER (XCU/USD) – Week 34 – Ready to go up.Copper made a new low inside the correction, bouncing off the support level and reversing. In the coming days, we anticipate the pair to make a small pullback and reach the orange trendline, as the consolidation seems to be completed. Trade with care. Best regards, Financial Flagship Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
OANDA:XCUUSDLong
by financialflagship
10
COPPER (XCU/USD) – Week 31 – Expecting another bullish move.Copper respected our previous forecast, as the price gained bullish momentum. In the coming days, we anticipate the price to drop towards the first support area, followed by a reversal that is expected to break the top again. Trade with care. Best regards, Financial Flagship Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
OANDA:XCUUSDShort
by financialflagship
23
COPPER (XCU/USD) – Week 27 – Another drop is close Last week, we correctly anticipated Copper to start a correction that will push the price towards the resistance level. In the coming days, we are expecting short-term bullish momentum until it reaches the resistance area. Afterwards, we anticipate the price to make another drop and break the support. Trade with care. Best regards, Financial Flagship Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
OANDA:XCUUSDShort
by financialflagship
10
ridethepig | Copper for the Yearly Close📌 Copper for the Yearly Close First with an immediate review of the flows. We were tracking for the capitulation low which was our moment to advance... It was a great choice of moment to load the longs. Extending the belief in commodity shortages which have been entering into play all year long. The highs are worth striving for, all factors remain the same with the macro picture still equal. The main cases where this will play an additional note too at China and Australia flows which is something to consider. After clearing our first targets it's time to aim for the 4.5 main impulsive zone. A flyaway break is in play with such a bullish close, which is generally not very common. Of course the last time this happened was in the early 2000's; and we exploded. As usual thanks for keeping the feedback coming 👍 or 👎
COMEX:HG1!Long
by ridethepig
4
COPPER (XCU/USD) – Week 26 – Expecting another drop.Last week, we correctly anticipated Copper to start a correction that will push the price towards the resistance level. In the coming days, we are expecting the pullback to end around the confluence between the trendline and the resistance area, before dropping towards a new low. Trade with care. Best regards, Financial Flagship Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
OANDA:XCUUSDShort
by financialflagship
12
COPPER (XCU/USD) – Week 25 – Pullback expected.Last week, Copper started a bearish rally that stopped around the support level. In the coming day, we are expecting a pullback to occur and drive the price towards the resistance zone highlighted on our chart. Trade with care. Best regards, Financial Flagship Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
OANDA:XCUUSDLong
by financialflagship
10