Technical Analysis: Is Copper Squeezing Toward a Breakout?


Copper had a dramatic run coming out of the pandemic, more than doubling between March 2020 and May 2021. Now, after a period of consolidation, it may be ready for more upside.

First consider the ascending triangle that’s formed with a top around $4.35. It’s currently attempting its highest close in six weeks, which could result in …

For more, please click here to view the related idea and chart analysis on TradingView.

Copper, daily chart with selected patterns, courtesy of TradingView.
Trade in milliseconds

Explore the most actively traded options

Trade 600+ futures products on an advanced platform