Banco de ChileChilean Stocks.
Pure Technical Projection.
2017 uptrend with a violent move before
2018 of sideways, that had formed an ascending triangle, almost an iH&S and something like a C&H... So we'll see if
2019 start in uptrend.
Entry at 100 CLP
Targets at 6%, 9%, 12% and 20%.
SL at 3% - 5%
If SL get activated, wait for Rebuy zone.
Timing is a mistery for now.
Chile
S&P/CLX (IPSAREQL)For the Chilean Traders, the new IPSA has only drop from the beginning, however, in this hourly view we could think in a uptrend, sadly it depends of the volumen and international traders who invest on Emerging Markets
USDCLP. Chilean peso could weaken againThe 2-year lasting correction could be over soon.
Candlesticks in wave Y chart the shape of ending diagonal, which is strong reversal sign.
Wave Y is already equal to wave W as it means that the USD drop was sufficient.
The former major top at the 732 is the minimum target.
See related idea in Turkish Lira, it could be similar.
IPSA @ daily @ 1of2 (58) Indices with inside bullish MA 100/200Take care
& analyzed it again
- it`s always your decision ...
(for a bigger picture zoom the chart)
This is only a trading capability - no recommendation !!!
Buying/Selling or even only watching is always your own responsibility ...
58 SHARE INDICES worldwide (MA 100 & 200 inside bullish) @ drive.google.com
Best regards
Aaron
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