Bearish Divergence on $COPPER - Short to $3.80It costs 2 pennies to make one penny, copper isn't needed for money in the U.S, scrappers are at an all-time high and demand is outweighing need
CopperXCUUSD ( Copper / U.S Dollar )
This Analysis is based on these Factors :
1. Change of Characteristics
2. Demand Zone
3. Elliot Waves
4. RSI - Divergence
5. Rising Wedge
COPPER at Key Resistance: Will Sellers Push Toward 4.5230?PEPPERSTONE:COPPER has reached a significant resistance level, marked by prior price rejections and strong selling pressure. This area has historically acted as strong supply, suggesting the potential for a bearish reversal if sellers regain control.
If the price confirms a rejection within this s
Copper is gonna to complete the 2nd leg??Hi all trading lovers and copper buyers...
Seems that after BREAKOUT from Descending Triangle and Pullback to breakout level, price is going to complete the 2nd BULLISH Leg in Weekly uptrend with a round level target (5.5555)...
(Pullback could be a bit deeper...)
PLEASE NOTE THAT IS ONLY AN AN
COPPERXCUUSD ( Copper / U.S Dollar )
Point of Interest
Completed " 12345 " Impulsive Waves and " AB " Corrective Waves
Break of Structure
RSI - Divergence
Symmetrical Triangle as an Corrective Pattern in Short Time Frame
Copper is finding it's way to 5.5555...Hi all trading lovers and copper buyers...
Seems that copper is continuing its uptrend targeting 5.5555...
PLEASE NOTE THAT IS ONLY AN ANALYSIS...
MARKET IS BASED ON POSSIBILITIES AND UNCERTAINTIES...
#Forex #Trading #Analysis #Copper #Chart #Spike #Wedge #Uptrend
CopperHello traders, please feel free to share your trading ideas, and please give a Boost if you agree with my trading plan. My trading strategy is Price Action, which is the simplest strategy of trading on the price movement. A key part of my discipline is Stop Loss set when opening a trading position,
Copper The Week Ahead 10th March '25Copper maintains a bullish sentiment, supported by a longer-term uptrend. However, the recent price action suggests a corrective pullback toward a key support zone, which could determine the next major move.
Key Levels to Watch
Resistance Levels: 9440 (200 DMA), 9650, 9950
Support Levels: 9260, 916
COPPER Long1)Trend defined. Daily uptrend.
2)Contradictory market entry. After the recovery of the pullback at the 26-day EMA.
3)Default loss. Below the nearby key level.
4)Target not set. Multiple targets.
5)Risk <= 3%.
6)Singular trade.
7)Trades placed today <= 5.
Copper - my favorite product! just follow the price Copper is my favorite product! Please just follow the price movement, then buy and sell then TP it.
Hello traders, please feel free to share your trading ideas, and please give a Boost if you agree with my trading plan. My trading strategy is Price Action, which is the simplest strategy of trading
See all ideas
Displays a symbol's price movements over previous years to identify recurring trends.