The Setup:
CPXR is a 2x leveraged ETF providing the cleanest way to get geared exposure to copper's breakout. Copper has officially broken out of a massive 5-year base (2021–2026), which itself sits inside a larger 10-year base, suggesting the potential for a massive multi-year run. On the daily and weekly timeframes, we have a clear Cup and Handle breakout. Price is currently executing its very first 4-month pullback after the 54-month base, testing the breakout level and bouncing off it while simultaneously finding support at the 50-Day MA.
Tip: Trade copper through
CPXR (2x). And keep the copper miners
HBM and
TGB on your radar.
Reasoning:
Tip: Trade copper through
Reasoning:
- 5-Year Base Breakout (Major macro structure resolving upward)
- First 4-month pullback (Highest-probability entry point after a macro shift)
- Cup and Handle breakout (Shorter timeframe execution signal)
- Bounce off breakout level & 50-Day MA (Old ceiling converting flawlessly into new floor)
- Leverage Option:
CPXR (2x ETF)
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Software Engineer at Google | Get my trade ideas straight to your inbox.
👉 profitpunch.org
👉 profitpunch.org
免责声明
这些信息和出版物并非旨在提供,也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
