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)
Get my trade ideas straight to your inbox.
👉 profitpunch.org
👉 profitpunch.org
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
Get my trade ideas straight to your inbox.
👉 profitpunch.org
👉 profitpunch.org
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
