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Flexdirect
Jun 21, 2019 3:05 PM

USDCLP Weekly ABCD Long Long

U.S. DOLLAR / CHILEAN PESOICE

Description

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! :)

Comments
btM_Afta
Sir maybe a entrance will be at 670 for a long position ? thanks !
btM_Afta
Overall buy the dip .. :D
btM_Afta
@Dguaman, but .. what about this - Monthly chart :

Flexdirect
@Dguaman, Nice gartley! I think that is certainly possible 884 is a nice reversal area. Would like to see some structural break down. Lets keep an eye on it :)
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