USDCLP: Downtrend continuation short

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 trader worth following.

Good luck if taking this trade.

If interested in my trading signals, or in personal tuition, contact me privately. I'm offering a considerable discount on a packaged course which includes access to my private trading signals list for a year.

Cheers,

Ivan Labrie.

ความคิดเห็น:

The time at mode target #1 would be 656,65. Forgot to add it to the publication.
Stops should go above 679, can enter at market on a slight retracement.

ความคิดเห็น:

If we get a close below 666.35, this pair will sink.

ความคิดเห็น:

Amazing move, congratulations if you're in!

การซื้อขายยังคงดำเนินอยู่:

(I forgot to flag it as active)

ความคิดเห็น:

Still in profit, but be careful, monitor it.

ความคิดเห็น:

Good progress, I expect continuation. Similarly to AUDUSD.

ความคิดเห็น:

Let's wait for a new low. 2 inside bars in a row so far. Cover 50-75% and move the stop to break even.

ความคิดเห็น:

New low, let it cruise.

ความคิดเห็น:

Proper breakdown...enjoy it!

ความคิดเห็น:

You can move the stop to entry price and let it run risk free.
You might consider covering half if we don't break the previous bar low before the close.

ปิดการเทรด ด้วยตนเอง

การซื้อขายยังคงดำเนินอยู่:

Reshort here.

ความคิดเห็น:

Move stops to entry here.