USDCLP Near of big resistence, wait in small TF and short it ... TG 625 wave 5 .
It took more than just a few weeks... But in the end, we made it!
Mi proyección del USD en Chile para las próximas semanas...
If we close up 672 in a week chart, ill go long aiming to 700 . Regards ! ;)
We have in Red (USDBRL) and Orange (USDCLP) the two strongest currency in latin american recovering from recent devaluation in a pronounced way in comparison with Dolar Index (Green). But fiscal situation in Brazil is getting worse, the political problem after impeachment of last president is to approve a series of bills to cut social expenditure like Health and...
Wait for a Double bottom and go long !! SL should be around 628, TP at 665. GL !
Gartley patter complete, i will take a long position from now ! and i will hold to my final target 695 ! GL to all !
Bullish Gartley in progress... Watch for 650 lvl and price confirmation for take long positions. Regards !
Podemos ver buenos indicadores en el grafico diario del dolar/peso Chileno el cual ha hecho un re-test de los 0.618 de fibonacci, podemos observar un Lower Low, en los 646 y un Higher low en los 652,5 el cual nos indica una buena posicion para tomar compras. La caida del cobre nos ayuda en esta vision del par y podemos ver a corto plazo un objetivo de 679 y a...
FX_IDC:USDCLP está en zona potencial de reversa (ZPR) debido a un Gartley alcista, si el precio rompe el soporte en 655 el patrón queda invalidado. Por otro lado, en torno a 600, completaría un patrón Bat alcista. (Para ambos patrones, si se ve una reversa alcista en ZPR ¨A+¨) Objetivo 1: B Objetivo 2: C
We can look for shorts (in the case of AUDUSD might be better for wait to enter on a retracement) in these instruments. It's evident we have failed to break resistance in AUDUSD and that USDCLP is forming a nice turn at the lows in the daily, which nicely correlates to Copper forming a double top here, with plenty of downside to be seen. Clearly, bears are...
USDCLP has traced a nice downtrend, and now with commercial hedgers net long copper I expect excellent continuation into the lows. Target is on chart, the time at mode signal specifies a slightly higher target, but there's potential to reach the red arrow below. Shout out to my mate Tom Killick, he's frequently trading this pair. Check out his posts, definitely a...
as we can seen is a kind of relationship waiting ( is not perfect of course a like all the relations cheap ) the SP and the currency of the latin countries ( for that sample we put it the pair : USD/ CLP chilean money ) So. every time the SP is an upward trend for a long term (several years) the Latin currencies are desfavorecidad VS the USdollar, and in turn it...
We can seen as far way the price like in the past up, But the price will by crash , and could again go down, only to the level observed