Copper Futures

HG1! COMEX

TradingShot

Pattern: Channel Up on 1D. Signal: Buy as the RSI and MACD are approaching their Support levels, while the 1D MA50 (blue trend-line) is closing in. Target: 4.200 (the 3.5 Fibonacci extension). ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **...

TradingShot

A very important long-term pattern was just formed on Copper. On the 1M time-frame, the MA50 (blue line) and the MA100 (green line) have formed a Golden Cross. Last time that happened was in August 2004. Copper rose by +370% from the MA100 break-out level. The Cycle seems to be repeated as the Golden Cross has come after the price Double Bottomed last March...

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PBratbyOfficial

Quick Video Tutorial on how to use the TradingView Fibonacci Extension tool to measure Risk to Reward and even manage trades. Also how to combine the Fibonacci Retracement tool with Stochastics to measure pullbacks during a trend.

FX_Professor_88

Most likely will rise (70%) chance, volatility inbound is guaranteed. Asian stock markets rising fast = Copper demand can grow Dollar issues = Copper can rise = fundamentals are for Copper to rise, hence I am buying

AlbionTrader

COPPER HG HG1 HG1! respected the Trendlines highlighted in the previous posts; on the 4-hour chart it followed the Simple Moving Average ribbon as well. A triangle formation is being reached now. Could be a Continuation Pattern upwards.

Rohan_Karunaratne

Copper overall looking really good from a technical perspective, slightly shallow wave 2 pullback, but nevertheless, still valid for a 1-2 start. Target for the next top is the wave 3 to around 4.40, followed by a wave 4 pullback to around 3.77, ending in a wave 5 to around 5.42 to complete a 5 wave cycle. Disclaimer: The proceeding content is informational only...

CSInvestment

This is not a trading advice idea and you should only follow this with caution or just for your own personal interest in cycles and Gann theory. This post is made by me to test the methods of forecasting I obtained from long studies of the subject. If you will follow this idea and observe the copper market and the forecast will turn out +- 1 trading day right at...

Alisoleimanzadeh

copper inverted correlation with dxy

Henry_Ross

Long and short HG1! Activation of the transaction only when the blue zone is fixed/broken. Working out the support and resistance levels of the triangle consolidation. * Possible closing of a trade before reaching the take/stop zone. The "forecast" tool is used for more noticeable display of % (for the place of the usual % scale) of the price change, I do...

FX_Professor_88

I like to set at least 4 take profit levels). Trading becomes really difficult unless you can have the power of patience and the power of taking profits gradually. This way: - you don't close in profit too early (oh fuck, i mad 200$ but if i had kept i could had made 2,000$) - you do take profits along the way ensuring you make something (best trading habit) -...

Hyunmu

Head & Shoulders pattern Good Risk Reward Trade

IngenuityTrading

Selling copper here with a stop at 3.7500. After the failed breakout attempt last week I think the metal could reverse lower toward the bottom of the range- 3.4780. Inflation is certainty a topic that is widely discussed and copper has been a big part of the story, but in the near term the rate of change (22 days) has slowed and it is still below the most recent...

FX_Professor_88

Copper price continues to form bullish waves to settle above 3.6400 and confirm the preparation of recording new targets in the near term and medium term basis, expecting to crawl positively towards 3.73 followed by attempting to press on the next barrier at 3.7880 to form the next station of the bullish bias. The expected trend: Bullish

salehmohammadi

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naailh7

Copper Futures Net Speculative Position

LighthouseCap23

This is one of my favorite comparison chart and is a clean, simple way to show the intermarket relationships and how important the yield environment is for certain other markets.

FX_Professor_88

There is a direct correlation between the S&P 500 and copper performance and they generally move in the same direction. Copper is much more closely aligned with global growth and demand, so if the global economy is expanding then demand for copper should increase. In other words, if the stock markets correct or crash the price should drop (now at...

MKNAOMII

Copper has shown to be one of the most out performing bullish trends of the 2020 year. We consider the need to materials in EV and chip manufacturing. These trends are likely to continue and keeping an eye on this trend will be key for the reflationary trade that has exposed itself as historically probable