Copperlong
Long #CopperLong copper, looking for a break of inv H&S neckline for move north to top of channel
World's larges copper producer in Chile elected to go on strike 1st Feb - long copper as world production will be hit.
Cup and handle on TECK?Entered a small position today on TECK, looking to add to my position around $29-30.
Watching this closely to determine if cup-and-handle pattern is forming.
COPPERXCUUSD is moving in a triangle.
In the period of instability investors seek refuge for their finances. It metals
Copper climbing levelsUndoubtedly is that with the election caused the boom of the red metal (also used in construction) although this still not applied any of its promises, its effect can already be felt in the quotations
Did you buy back around @2.53?Around 50% retracement from 2.73, and Kijun support on 4H chart. Let's buy and keep on waiting.
Copper’s Rally Does Not Deserve Your TrustOnce wave C is over, a bearish reversal should occur. It seems to be too late to join the bulls now.
copper LongCopper may be setting up for a long. This level is in the middle of a range so, it is not the strongest however watch the price action to see if it holds.
Copper to make new highs?The current structure hints a conclusion of a wave C downtrend to a prior impulse ended @ 2.2770 marking a wave 5. A new impulse substructure has broken the wave iv on C indicative of an uptrend onset. however, if any failure the impulse fails to swing an uptrend wave C ending should serve as a protective stop as well as a new entry point.
Bull bat on copper 1D timeframeThere is a potential bat pattern setting up on copper, since it is 1D timeframe, it may take a couple of days or weeks to complete if it does at all
I'll be keeping a close eye on it and looking for a long opportunity at the completion
Bullish in copperCopper is in an uptrend in the 4h/daily chart and is very close to the lower trendline of the channel. It has started moving up. The lower trendline and 61% retracement can act as very good support levels. With those as the SL, this seems a high probability long setup. Target would the 100% FE of the previous impulse up.
