Copper Futures

Copper Supply Zone

38
Trading In the Zone!

A copper supply zone in trading refers to a price level or area on a chart where there is a significant concentration of selling pressure, leading to a potential reversal or pause in an upward trend. This concept is commonly used in technical analysis, particularly in supply and demand trading strategies.

Key Characteristics of a Copper Supply Zone:
Price Rejection: The zone is identified by previous price action where the price of copper reversed or stalled after reaching a certain level.

High Volume: The zone often coincides with high trading volume, indicating strong selling interest.

Pernyataan Penyangkalan

Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.