Copper at Resistance: A Short Setup in PlayCopper has reached a strong resistance level on the daily chart.
The uptrend is fading, and visually, all signs point to a correction.
On the hourly chart, a good short entry point is shaping up.
However, the stop needs to be set quite high — 2%. So the position size should be adjusted accordingl
About CFDs on Copper
Copper is an essential industrial metal used worldwide. Copper prices are followed in financial markets around the globe and the metal is growing in popularity. Copper is widely used in construction and because of its electrical properties is found in wires and circuit boards. Copper is mined in open mines around the world, with Chile and the United States leading in overall copper production. The demand for copper is increasing as countries such as China and India continue to develop, while the supply remains tight. The growing demand and constrained supply is likely to keep copper prices volatile in the near future. Copper prices are commonly quoted in USD.
Copper showing signs of weaknessCopper is pulling back after hitting strong resistance.
My outlook hasn’t changed — I’m expecting further downside, with targets at 4.65 and then 4.50.
As a reminder, I closed my previous short position ahead of the weekend, in line with my trading rule not to hold shorts over weekends.
At current l
Bullish bounce?COPPER has bounced off the support level which is an overlap support and could rise from this level to our take profit.
Entry: 4.5751
Why we like it:
There is an overlap support level.
Stop loss: 4.4681
Why we like it:
There is a pullback support level.
Take profit: 4.8155
Why we like it:
There i
Copper Rebounding from a 3-month low!Copper is bouncing back with incredible energy after hitting a 3-month low!
Get ready to see it surge towards $4.84!
But hold on tight, because after that, it's time for the "Copper Crab" to unleash a powerful dive, plunging back down into the depths!
Exciting times ahead for copper trader
Potential bullish rise?COPPER has bounced off the support level which is an overlap support and could rise from this level to our take profit.
Entry: 4.5751
Why we like it:
There is an overlap support level.
Stop loss: 4.4681
Why we like it:
There is a pullback support level that is slightly above the 38.2% Fibonacci r
Copper: Markets are waiting for the continuation of trade tensioCopper is located between the EMA200 and EMA50 on the 4-hour timeframe and is moving in its descending channel. An upward correction of copper will provide us with a good risk-reward selling position. If the downward trend continues, we can buy copper at the next demand zone.
The World Trade Organi
Copper – Sell Limit Setup (Medium-Term Swing)Published: 11/04/2025
Trade Summary
Type: Sell Limit
Entry: 9,655
Target: 8,725
Stop Loss: 10,020
Risk/Reward Ratio: ~2.5:1
Duration: Medium-Term Swing
📊 Technical View
Copper has staged a sharp rebound after the March 2025 decline. Price has now returned to the 61.8% Fibonacci
Potential bullish rise?COPPER has broken out of the resistance level which is a pullback resistance and could rise from this level to our take profit.
Entry: 4.4701
Why we like it:
There is a pullback resistance level.
Stop loss: 4.3024
Why we like it:
There is an overlap support level that lines up with the 50% Fibonac
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Displays a symbol's price movements over previous years to identify recurring trends.