ignilrFx

USDCLP Trade Idea

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FX_IDC:USDCLP   U.S. DOLLAR / CHILEAN PESO
I recommend looking at this long idea, my assumption is that USDCLP is still finishing Wave 4, don't buy yet because Wave C is not complete. Based on the Elliott Wave rules, this opportunity could give us a great risk reward entry at 700-685, our stop loss below 683 and our first target is 900-940. I wish you a great end of the year. See you next year.

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