Market context
Continues to demonstrate a strong structural long-term bullish bias driven by supply-side deficits and electrification/AI data center demand.
Trade scenario
Bias: Bullish
Timeframe: 4H
Entry: 6,6600
Stop loss: 6,6400
Target 1: 6,7356
Target 2: 6,7880
Risk/reward: 1:1 or 1:2
Primary risk factor
Rapid resolution of Chilean and global mine disruptions or unexpected inventory builds in Chinese warehouses could delay the deficit thesis.
Primary risk factors
What could change the outlook
- Rapid resolution of Chilean and global mine disruptions or unexpected inventory builds in Chinese warehouses could delay the deficit thesis.