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ngskdns

PETR4 - Potencial AB = CD pattern in play

Long
PETROBRAS PN EDR N2 (BMFBOVESPA:PETR4)  
ngskdns  
BMFBOVESPA:PETR4   PETROBRAS PN EDR N2
PETR4 Oil Crude Oil WTI LONG reward risk highreward
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petr4 oil crudeoil wti long reward risk highreward
PETR4

Potencial AB = CD pattern might be forming on the daily chart, giving us a 8:1 Reward to Risk ratio, which is nice.

- Support @ 8.00
- 38.2% Fib Level
- Black MA acting as Support
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