Hello traders!
Let's be brief.
What's going on with Peñoles?... Well, we have a long term bearish scenario where in the short term the trend is bullish (target; break $436.79 MXN/peñoles), motivated by a big ABC to form a (Y) and then fall down again. On the other hand, the correction in Peñoles came to an end (complete ABC) and we are starting a new cycle. Is...
Hello my dear traders!
Before I start I would like to mention that this PEÑOLES analysis, if it comes true as I am proposing, would be a beautiful thing in terms of learning. Although I am a young soul in the Elliott wave theory I know about the existence of this type of corrections, however, this would be the first time I come across one as they are quite...
