Comment:
For Petrobras, we're taking a closer look since our last analysis has indicated that we've likely completed Wave A. On the 4-hour chart, we've clearly seen the gap close, and in our opinion, we've now constructed Wave ((a)) of the overarching Wave B. We believe we're dealing with a zigzag correction both subordinately and in the overarching structure. Therefore, we anticipate Wave ((b)) to drop between 37.57 and 36.68 BRL, followed by a rise to the 61.8 and 78.6 levels for Wave B, and then a five-wave correction down to the limit order at 28.31 BRL. This remains our current scenario. Should we fall significantly below Wave A, we might be dealing with a flat correction. However, this remains to be seen. For now, the zigzag movement is our primary scenario. We will update you and send out a limit order as soon as this takes on more shape.
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✅ Exact setups inclusive Limit Order & Stop Loss
✅ Challenges
Discord - discord.gg/G9c5TGETt2
Telegram - t.me/+U7KhRNv61XczZmQ0