Flexdirect

USDCLP Weekly ABCD Long

Long
FX_IDC:USDCLP   U.S. DOLLAR / CHILEAN PESO
H&S has failed but structure is still to the top side (hl's hh's), bias is for upside continuation to 760 with a stop below 660 swing low (if aggressive can dial up RR using a median line stop), if 660 is given would favour a broader double top formation and usdclp for lower.

For now weekly Mas are supporting price action.

But remember, anything can happen! :)


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