USDARS: Might be about to trend up sharply...

As everyone has been saying, $USDARS will likely get close to the $50 mark, a 2W timeframe Time@Mode signal kicked off, and it's already active for 2 bars, out of 10 that are forecasted as part of the uptrend. This rally has 3 possible targets which are laid out on chart, valid for as long as the time lasts, or as long as $USDARS trades above the 37 mark.
I wouldn't reccomend to hold ARS for long if you have income in pesos.

Best of luck,

Ivan Labrie.

코멘트:

"El que avisa no traiciona"

코멘트:

Up to date chart implies price will fall 10% or as much as back to 36 ish over the course of 19 weeks.

코멘트:

Interestingly, this aligns with the election date...Scary.

Hopefully, whoever wins does a proper job reducing inflation (and taxation).

코멘트:

s3.amazonaws.com/tra...shots/c/cDIrb1xf.png

코멘트:

Biweekly trend failure to hit target #1 was a good bearish signal in $USDARS
s3.amazonaws.com/tra...shots/y/yukyIkOe.png
The big RgExp advance was wiped out, I can see it falling to that mode near 36.50.

코멘트:

This last weekly bar might be signaling the bottom in $USDARS. I hope I'm reading it wrong and the bearish trend continues but for now it's risky to stay in $ARS. Safest bet is to divest from Argentinian currency and own $XAUUSD and/or $BTCUSD, along with US equities (low debt, high yield names).

코멘트:

I was dead right about the bottom...sadly.

Trend is up, nothing changed or will change, unless Alberto Fernandez REALLY surprises investors.