Comments
-
APUSDMXN, just pulling out a longer term chart shows a massive triangle formation range that started on January 23rd and is now at the support level since January 2019. Next move is to the upside of the triangle - to the 20/ 20.2 area not downside..
-
PCThanks guys, enjoyed the analysis. Elliott Wave always fascinates me.
-
PCLiked this a lot. This is the first time I see how classical charting being combined with EW to verify if things aligned. Do you guys think it's better to do it this way or use a single system for simplicity?
-
PWMuchas gracias, seƱores
-
SSI'm personally playing Copper via Southern Copper Corporation (SCCO). Been a great trade YTD.
-
PCMore short bias: 1. The Commitment of Traders reports are showing large speculation for USD/MXN at 5-year highs. 2. The relative GDP growth forecasts are slightly in Mexico's favour. 3. The carry trade favours MXN... I'm talking myself into having a punt!