RHTrading
Short

Brazil Further Downside Expected

AMEX:EWZ   ISHARES INC MSCI BRAZIL ETF
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Fairly textbook descending triangle breakdown. Volume expected to slant down, go flat until breakdown, then increase into another slant down marked by black arrows.First measured move was correct for the breakdown. 2nd measured move marks my ultimate target price and blue arrows show the path I expect price to take.
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