Hello guys,
Long time no see!! I have been away from trading for some time, but decided to go back.
On chart, we can see a strong support area close to the 61,8% retracement of the previous uptrend at 4760. We have found support on 4820 level and reversed locally. There is ma200 in this area as well, making a strong support area (shown in green lines). Now...
Post just to tie up with yesterdays post regarding USD/BRL Pair. Today it slipped hard against the BRL and went lower however i think this will be a longer process until a pivot low is formed, but this zone where we are now is a possible reversal zone. Maybe the caos regarding the protests an looting can be adding more fuel to this selling however is has bled a...
Well, finally institutions stopped selling and maybe starting to buy dollars again here in Brazil. Simple analysis, after this massive selloff of USD, RSI is pointing to a recovery ahead of price AKA bullish divergence. Not only that, prices is testing a previous range high zone, and converging with this really oversold RSI. I believe it is a good time to stack...
Estudo histórico das ondas de Elliott para o dolar x real. Tomando como inicio o ponto marcado. Será que faz sentido esse estudo e vamos ver uma alta nesse nível até o próximo ano?
Se perceber algo errado me avise por gentileza.
Apenas para estudo e aprendizado, use a seu próprio risco e sem garantias.
Dois cenários possíveis, terminando onda 4 ainda ou já começando onda 5. Como a onda 4 não penetrou a região marcada ela talvez não terminou e poderá cair mais ainda até esta região.
Apenas para estudo e aprendizado, use a seu próprio risco e sem garantias.
