Community discussions
It looks like a good buy.

I’m watching XCU/USD (Copper vs U.S. Dollar) with a bullish bent — using my signature “Thief layering” entries. This is a swing / day trade setup.
Expect a break above the triangular moving average in a demand zone, confirmed by volume / price action. Once confirmed, I’ll scale in with multiple limit orders (layers).
🎯 Trade Plan
Bias: Bullish (long)
Confirmation: Break and retest above the triangular moving average within a demand zone
Entry (Thief layering style):
I’ll stagger my buy entries using multiple limit orders. You may choose your own layers, but here’s an example:
4.9000
4.9500
5.0000
5.0500
5.1000
You can use fewer or more layers, spaced as you prefer. Layer in as price dips or as confirmation is validated.
Stop Loss (SL): 4.8000 — this is my “Thief SL”
(Note: I’m not forcing you to use exactly mine — risk management is your own responsibility.)
Target (TP): 5.4000 — that zone is a “police barricade”: strong resistance, overbought, possible trap zone
(Again: take profits as you see fit; I’m just laying out my target.)
📌 Related Pairs / Correlations to Watch
Copper / Gold — if copper leads, gold may follow (or diverge).
Copper / Base Metals — e.g. XAG (Silver), Nickel, etc.
USD Strength / USD Index (DXY) — a strong dollar may hamper copper upside.
Keep an eye on those. If USD strengthens, it may throw off this setup.
🧠 Key Technical Notes
The “triangular moving average” refers to a smoothed moving average (less noisy) built over multiple periods — helps define trend direction and dynamic support/resistance.
Demand zone = price area where buyers have previously overwhelmed sellers, causing a bounce.
Layering = entering in multiple small increments rather than one full-size entry.
“Police barricade” is my slang for a resistance zone that tends to stop or trap aggressive buyers.

