Looking for a long with stop at $3720 and first target of 70% at $5000
Mirando por una posicion en tendencia alcista. entrada precio actual, Stop o precio de salida en negativo $3720 y primer Target, 5000
70% de la posicion sale con 1er target y el otro 30 queda para seguir en long
It's all been said and done! Finish him!
Latinamerica is going back to the 80s while the developed world heads to the moon.
“They live different kinds of lives outside of the city”
For a while, everything was turned into entertainment and people did not want to bother themselves with difficult issues. It was only at the last minute that we found out how to use...
After its all-time high.
4,650 Colombian pesos the price started a correction, I think it could go down to 3,978 and wait for the behavior to go back to the price 4,650
Despues de romper la barrera sicologica de 5000 pesos debe corregir y volver a los promedios moviles cuando la FED deje de subir las tasas. FX_IDC:USDCOP
Really like this setup. Expecting more pain for emerging markets and using this dollar pullback to start new positions, including this one. USD/CLP looks exactly the same but could be more sensitive to HG moves. Overall expecting a new high test and further breakout, although it is possible another failure up there and pullback. GL
Here my thoughs about the crazy devaluation for the USD/COP.
In the recent Presidential Elections for 2022-2026, for Colombia, Gustavo Petro was Elected as the new president.
Decades ago, Petro was member of the Terrorist Group (M-19), and he participarted on the take of the Palace of Justice.
Petro, was very close to Hugo Chaves (venezuela ex president) and...
My outlook for upcoming days:
*I don't wanna see price get below 3680s.
->If price drops aggresively below that level I will stay sideline and wait for more info.
*Next short term bullish objective: 3800 big fig.
The price is expected to react in the area of 3,750 pesos, since its Daily structure is bearish.
Se espera que el precio reaccione en la zona de los 3.750 pesos, ya que su estructura Diaria es bajista.
I do not trade this kind of currencies, but if a student asks me, I'll try to show you a quick view of it. The key level for this asset is on this weekly chart.
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