Hopefully there will be a bounce at USDCLP
The main trend since March'19 is still valid looking at the purple trendline.
There is a down trendline (orange) since the beginning of July that will “crash” with the main trendline.
So hopefully the main trendline will still be valid and there will be at lease a small bounce.
Using the Volume profile I added a red line indicating that I was wrong and that the purple trendline was broken ☹
The main trend since march'19 is still valid looking at the purple trendline
There is a down trendline since the beggining of July
Regards,
Roberto
There is a down trendline (orange) since the beginning of July that will “crash” with the main trendline.
So hopefully the main trendline will still be valid and there will be at lease a small bounce.
Using the Volume profile I added a red line indicating that I was wrong and that the purple trendline was broken ☹
The main trend since march'19 is still valid looking at the purple trendline
There is a down trendline since the beggining of July
Regards,
Roberto