E-mini Copper Futures
Pair : CU - Copper Description : Completed " 1234 " Impulsive Waves Break of Structure Demand Zone Rejection from Ascending Trend Line Fibonacci Level - 50.00%
Copper (HG1!) has emphatically broken above the last Resistance of the 2-year Bear Cycle as it smashed through the top of the long-term Triangle pattern. The same pattern kept Copper on a Bear Cycle up until June 2020 when it started the remarkable rally to the 5.000 High (1.786 Fibonacci extension). As you can see on both fractals, the formation of a Death Cross...
Copper continues to rise in price. In addition to the fundamental factors, there is some sentiment from the options market that the quotes may rise further. Call 4,3 $ - 56 days before exp. The unusual interest in this level suggests that there's a positive sentiment among option traders.
Monthly is winding up for a big drop or huge jump. Monthly: Weekly: Daily shows price winding up potentially the rest of the year. So I will look towards year end for the fireworks, that will decide if our pent up momentum will release upwards or downwards. My gut says inflation will send it upward in the near future.
Waiting for rejection off the liquidity zone. Selling only after the break below the HMA and the retest of the liquidity zone. The break below the HMA has already happened. In the area of the retest of the liquidity zone at the moment. Looking to sell from that zone. Trading this off a higher timeframe as this is a 3 week swing at the least **This is just my...
Copper prices have recently reached a 14-month high, driven in part by China's economic improvement. This could be a potential trading opportunity, but it's important to be well-informed before making any decisions. Copper is a key economic indicator, and its demand is expected to rise. However, the market can be volatile. Here are some resources to help you...
Copper is up big! We are following Mr. Copper on the TTR for a long time. This advance is not driven by a good Global economy. Something is up behind the scenes, which is very scary as this is not a reflection of the Global economy doing so well! All war metals are up…
Pair : Copper CU Description : Exp FIAT as an Corrective Pattern in Short Time Frame with the Breakout of Upper Trend Line Break of Structure RSI - Divergence Consolidation Phase in Short Time Frame Completed " 1234 " Impulsive Waves
Pair : CU - Copper Description : Completed " 12345 " Impulsive Waves Consolidation Phase RSI - Divergence Break of Structure and Retracement CHoCH
In the ever-evolving landscape of the financial markets, the intersection between Electric Vehicles (EVs) and copper presents a compelling narrative. As interest in EVs surges, propelled by advancements in technology and a global shift towards sustainability, the demand for key components such as copper intensifies. Recent market dynamics have seen a lack of...
Pair : CU - Copper Description : Completed " 123 " Impulsive Waves Bullish Channel in Long Time Frame Break of Structure RSI - Divergence Impulse Correction
Targets met. Activity in an options portfolio that was poised to rise before the market rose (INSIDER) resold 4.14 calls into the market. Made 400% on that strike. How about that? Is it worth studying options strategies and tracking the activity of the big players?
Pair : Copper - CU Description : Completed " 123 " Impulsive Waves Break of Structure RSI - Divergence Impulse Correction Rejection from Daily Resistance
Copper (HG1!) has entered the 3.9740 - 4.0235 Resistance Zone that has been in effect since May 01 2023. It has provided the rejections of August 01 2023 and December 27 2023, with the latter hitting the 0.618 Fibonacci retracement upon its reversal and the former the 0.786 level. Technically the current 1D CCI pattern is almost identical to the one that preceded...
Every day, we are seeing higher volumes in options, with predominantly bullish option portfolios targeting the 4.05-4.1 range. Graphically, after the data release, there is consolidation under the resistance level, which reinforces the possibility of an upcoming upside shot.
Pair : Copper - CU Description : Rising Wedge as an Corrective Pattern in Short Time Frame and Rejection from Upper Trend Line RSI - Divergence Break of Structure Completed " 12345 " Impulsive Waves at Daily Resistance
Pair : Copper - CU Description : Completed " 1234 " Impulsive Waves RSI - Divergence Break of Structure Bearish Channel as an Corrective Pattern in Short Time Frame with the Breakout of the Upper Trend Line and Retracement
Pair : Copper Description : Rising Wedge as an Corrective Pattern in Short Time Frame and Rejection from Upper Trend Line RSI - Divergence Break of Structure Completed " 1234 " Impulsive Waves Fibonacci Level - 78.60%