Copper Futures
Hi there, Copper is setting up for next bearish wave. Watch price action and look for short. Good Luck
Hi there, Copper has resumed its bearish cycle after having bullish cycle and record inflation. Copper is leading us that economy is slowing down significantly. In coming months inflation will fall back below 4 percent. Deflationary cycle has already begun. Good Luck
Hi there, Copper is setting up for breakdown. Watch for breakdown and look for sell. Good Luck
Hi there Copper is setting up for crash watch for sharp breakdown and look for sharp sell off. Good Luck
Hi there, Copper is ready to breakdown for the next leg, Watch for breakdown and look for short, Good Luck
I think it's becoming more and more clear that copper sells could extend into the last quarter of the year. Corrective wave 4 seems complete at 0.382 of the second Minor wave count and price is currently in an impulsive bear wave of a lower degree. We should therefore expect Copper prices to plunge to $2.96/lb(-15.4% decline) with some minor bullish price action...
In April, I shared my show idea on Copper with 2 main target levels. I am glad to have seen this play out as expected. Here is the link to my initial idea Please leave a like if you would like to see more ideas from me.
Copper has crossed the Daily River triggering a buy consideration. We can see momentum shifting from the selles to the buyers , as price and momentum shift to the upside. Trade on chart .
Trade Idea: Buying Copper Reasoning: Copper oversold and trading at a key 50% Fibonacci retracement level Entry Level: 3.5079 Take Profit Level: 3.6428 Stop Loss: 3.4763 Risk/Reward: 4.04:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved...
mind the optimism. last couple of days is only the move back to the 8-month trend line and 12-month movAVG. spring/summer target around 300
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,...
I would like this idea on my public profile only, I don't mind if it's not in the trading view ideas section.
Retest of previous support now turned resistance. Looking for 3.6%.
What's driving copper right now? Is this anticipation of worldwide inflation or something? I can't make sense of this. Is this related to oil? Someone helo me.
flat pattern assumption, expecting the next leg. Copper price has been ranging for a while.
Commodities have had a heck of a bear market. The low cost of oil and natural gas is due to abundant shale gas and shale oil supply making the US an exporter for the first time since the seventies. This in turn caused energy dependent industries like mining and agriculture to be more cost efficient, creating higher output in the mines and on the fields and pushing...
if copper/gold ratio breaks up from the current consolidation, US10Y will need to catch up by speeding the up move, which may cause an additional crunch on financial markets, squeezing all unyielding assets, unprofitable investments.