#USDCLP#Copper- Update: Compelling Technical Breakout Ahead
Traders,
UPDATE: We are moving well and we are way in the money. Well done to my signals group for this one, expecting this to continue for the longer term. USDCLP long and Copper short as said before. Copper is part of a longer term down move, which might push USDCLP for longer periods of time.
With USDCLP breaking a long term support trend line, we are maybe about to see a nice break down, where we may see a mark down, or a correction to the lows of the range. This will likely ignite copper prices as well. Also keep an eye on NZDUSD when trading USDCLP and Copper, since you can add NZDUSD into this trade to make a nice, and safe reliable currency basket.
Best of luck
Tom
--Interested in professional level signals packages or my final spot of professional online trading tuiton? Message me here on Trading view or email me with the email address on my profile page.---
UPDATE: We are moving well and we are way in the money. Well done to my signals group for this one, expecting this to continue for the longer term. USDCLP long and Copper short as said before. Copper is part of a longer term down move, which might push USDCLP for longer periods of time.
With USDCLP breaking a long term support trend line, we are maybe about to see a nice break down, where we may see a mark down, or a correction to the lows of the range. This will likely ignite copper prices as well. Also keep an eye on NZDUSD when trading USDCLP and Copper, since you can add NZDUSD into this trade to make a nice, and safe reliable currency basket.
Best of luck
Tom
--Interested in professional level signals packages or my final spot of professional online trading tuiton? Message me here on Trading view or email me with the email address on my profile page.---
