Copper Futures

HG1! COMEX

16:56

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.

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.

SpartaBTC

Copper. Timeframe 1 month. A huge triangle has formed. Breakdown of the resistance of this formation. Notice how before the price rise they made a beautiful false breakdown. For strong growth, like the last time, it would be good if there was a rollback to the zone of the broken resistance of this formation. Complete development of the goal of the symmetrical...

Badcharts

14$ copper. Got inflation?

majicktrader

The Gundlach ratio tracks the ratio of copper prices to gold as an indicator of future US 10 Year Yields. Gundlach believes in the predictive value of the ratio since copper is sensitive to swings in the economy, while gold climbs when investors get frightened. You can see the correlation with the US 10 Year Yield rate is around at least 95% most of the time,...

zweiprozent

Copper and Platinum are the best metals for swing trading

dchua1969

see chart

CathartesCapital

Looks like copper finally reached the top of the 5 wave impulse. We also saw an extended 5th subwave as the very last wave in the 5th wave which is typical in the commodity market. Also RSI didn't create a divergence but that is because of the extended 5th wave. We should see copper come down atleast 25-30% of it's value as a correction from the huge run it made...

PontusTrader

Well, copper definitely showing continued strength. Any failure to bounce off res. turned supp. is an immediate short opportunity, otherwise stay out of the way.

hillbilly250

similar energy thrust as before, distance to ma still has room to go

unforgiven

R.N. Elliott was famous for saying that one of the hardest things about trading was believing what you were seeing, and that is currently the case with Copper. Copper currently appears to be in the midst of breaking out from a 14 YEAR CONTRACTING TRIANGLE! If this breakout succeeds, and it appears it has, it would portend the greatest bull run in copper in the...

burtnette

Probably tags $4.50. Probably not bearish for stocks.

BernhardAnalytics

target for copper

dchua1969

And Elijah came to all the people, and said, “How long will you falter between two opinions? If the LORD is God, follow Him; but if Baal, follow him.” But the people answered him not a word.(1 Kings 18:21-New King James Version) If you spent some time and look up the other Bible versions, you will find similar words like “struggling, wavering, hobbling,limping,...

MAB7

Looks like copper is ready to break the upper trend line and hit $4/lb+ on this move. Strong momentum likely carries it past $4/lb before a retracement perhaps back to the upper trendline (new support). I really like the setup here.

zweiprozent

Added to my position after the bounce of prior swing high. Targets: 3.9 and 4

The-Deductionist

After hitting the 1.618 Fibo Extension, the COPPER is ready to go DOWN... Really DOWN...

thanasisgiouroukas

IN FOUR HOUR TIME FRAME THE PRICE WILL HIT THE HIGHER BORDER OF THE CHANNEL / FLAG DUE TO BULLISH MOMENTUM. THE PRICE ACTION THERE WILL GUIDE US.