The_Cannalyst

Support turned into Resist!

Corto
The_Cannalyst Actualizado   
FX_IDC:USDCLP   U.S. DOLLAR / CHILEAN PESO
24
It seems that the longtermtrend broke these days. The Pair tried to recapture the trend, but the test was directly sold again -thats bearish!
If the pair can`t recapture this trend, the momentum is bearish - only trading above 670 respective 680 will brighten the chart.
Imo, we are on the way down to the 38,2 fibo @ 630. 646 is the pro cyclical main trigger for that Szenario
Comments are welcome -Agree or disagree!
Comentarios:
Next action point ahead! Trading below 646,3 could initiiate a fast shortterm selling wave
Comentarios:
action point triggered
Comentarios:
H&S ahead? Here is the longterm eprspective!
Comentarios:
again reached action point (resist)

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