#COPPER In our #COPPER post this morning, the message was patience, following the gravestone doji on the daily timeframe, noting that it wasn’t an ideal spot to initiate longs due to overhead supply. We highlighted the need to either wait for a clean consolidation that resolves higher or a deeper pullback into support for a better risk-reward setup. Shifting to the 4-hour timeframe, price action offers a slightly different lens, trading within an ascending channel while consolidating sideways, attempting to hold the 21 EMA beneath a clear horizontal resistance level. This is shaping into a high-base consolidation phase, suggesting underlying strength but still requiring breakout confirmation. The next session should be pivotal here, a breakout above resistance could trigger continuation, while failure to hold structure may lead to a deeper retrace. $ERO $FCX $SCCO $BHP $RIO $TECK $GLNCY $TGB $HBM $CPER $COPX $VALE $NEM $XME $AA $CLF $MT $ANTO $LUN $IVN $TRQ $KAT