COPPER Plan:✅ BULLISH CONFIRMED with LSMA Moving Average Pullback
📈 Structure: Higher Lows + LSMA Support Holding Strong
🎯 Perfect for Day & Swing Traders
Entry Strategy ("Thief Method" - Layered Limits):
Use Limit Orders at key support layers:
5.3400
5.3800
5.4200
(You can add more layers based on your capital & risk!)
Stop Loss (SL):
🛑 Thief SL @ 5.2800
⚠️ Note: Dear Thief OG's 👑 – Adjust SL based on your own strategy & risk tolerance. I don’t recommend using only my SL – manage your trade according to your plan!
Take Profit (TP):
🎯 TP @ 5.5600 (Strong Resistance + Overbought Zone = Escape with Profits!)
⚠️ Reminder: Thief Family – Take profits at your own discretion. Trail or exit based on your strategy!
Why This Works:
LSMA confirms bullish momentum pullback
Layered entries reduce risk & improve cost average
Copper fundamentals strong (Industry Demand + USD Weakness)
📊 Related Pairs to Watch & Correlation Key Points:
USD/DXY (U.S Dollar Index) – Inverse Correlation → Weak USD = Strong Copper
XAU/USD (Gold) – Positive Correlation (Metals often move together in USD trends)
XAG/USD (Silver) – Industrial metals often align with copper on economic sentiment
CNH/USD (Chinese Yuan) – China = Top Copper Consumer → Yuan strength supports Copper
SPX500 (S&P 500) – Strong economy = higher industrial metal demand
Key Correlation Insight:
Copper is a global growth indicator. Watch for DXY down moves & China economic data as major catalysts.
