Copper Rally - Wyckoff Analysis 5D TF - LONG - $CUU

Classic Wyckoff setup. So good.

5-year downtrend led to a Selling Climax, which was followed by and Automatic Rally.

Accumulation period was 1 year.

Spring and Secondary Test followed to start the new rally.

Signs of Strength and LPS combo = rally

"A series of SOS’s and LPS’s is good
evidence that a bottom is in place and Price
Markup has begun."

The rally has started. #BTFD, buy the dips, unload/reload at pull backs at own risk.

Targets: Fib levels displayed on chart.

If fractals play out, it is a slow and steady climb up for the next 2-3 years.

If $copper breaks all resistance levels, it could ignite a an intense move upwards before correcting long term.

Note: Copper leads the way for Gold and Silver (lagging the most). This is the pattern $Silver will eventually show after accumulation.

Copper is used in industrial infrastructure. China is a big player due to economic reasons.
Automotive demand forecast by the International Copper Association:
Electric cars
Battery manufacturing

$CCU $Copper $XAG $Silver
ZH 繁體中文
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
AR العربية
HE עברית
首頁 股票篩選器 外匯篩選器 加密貨幣篩選器 全球財經日曆 如何運作 圖表功能 網站規則 版主 網站 & 經紀商解決方案 小工具 圖表庫 功能請求 部落格 & 新聞 常見問題 幫助 & 維基 推特
個人資料 個人資料設定 帳戶和帳單 我的客服工單 聯絡客服 發表的想法 粉絲 正在關注 私人訊息 在線聊天 登出