colombia

gorillacharts gorillacharts GXG, D,
GXG: GXG Near-Term Bearish in Bullish Long-Term Context
3 0 2
GXG, D
GXG Near-Term Bearish in Bullish Long-Term Context

Deadly bearish gravestone doji on Friday, which also rejected the neckline to a potentially large and bullish inverse H&S pattern. Either way I stay cyclically bullish given my work on the weekly and monthly charts, as well as developments in EM in general. Short-term however, this one sees bearish follow-up on Friday's candle and could pull back towards $9 worst ...

mpenaloza mpenaloza USDCOP, M, Short ,
USDCOP: USDCOP COLOMBIAN PESO ON THE ZONE
165 1 0
USDCOP, M Short
USDCOP COLOMBIAN PESO ON THE ZONE

THE COLOMBIAN PESO HAS BEEN IN THE 2600S ZONE 3 TIMES IN THE LAST 12 YEARS, AND IT HAS NEVER CLOSED ABOVE 2700. WE NEED TO SEE A BOUNCE IN THE PRICE OF OIL, OR AT LEAST SEE IT HANDLE THE 57-60 LEVEL AND EXPECT THE PESO GO TOWARDS ZONES OF 2200 FOR NOW. MAYBE THE POLICY MAKER OF THE COLOMBIA FINDS OUT WHAT IS OBVIUS AND LET THE PESO GET STRONGER AGAINST THE DOLAR. ...

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