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cantestogo
May 13, 2016 7:46 PM

EWZ - ISHARES MSCI BRAZIL SHORT SETUP Short

iShares Inc iShares MSCI Brazil ETFArca

Description

The price seems to build an H&S pattern, not very perfect in shape. A strong support to break is the 27$ level. Look for a breakout confermation in that level for shorting opportunities. Possible target 23$ level. Risk reward ratio 4,7. Possible gain 14,9%.
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