FX_IDC:USDARS   U.S. DOLLAR / ARGENTINE PESO
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4
USDARS - SHORT
Take Profit 1º: $ 24,00
Take Profit 2º: $ 20,75

Comments

Thanks for your comments.-
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In this particular currency, it does not respond to technical guidelines, but to a distrust of the government. That is why there is no possibility that it reaches $ 20 (fibo does not apply to this asset)
+1 Reply
First TP could be...
2nd... seriously?
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fibonaccitrade DaroLogames
@DaroLogames, yes, the minimum price $ 20, is in the correction area of the weekly support line of up trend channel and in the 61.8 of Fibonacci.
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Malatesta420 fibonaccitrade
@fibonaccitrade, TA does not apply here, fundamentals + manipulation leads forex trading in this 3rd world currencies
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emarcelloni fibonaccitrade
Hello! @fibonaccitrade, I agreed with @Malatesta420 I'm from Argentina and there is no way that USDARS come back to $20. Your analysis is correct but I think that not in this particular case.. Thanks for sharing :)
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