CPXR: 5-Year Base Breakout & First Pullback

85
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:
  • 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)

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。