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GFauth
Jul 13, 2016 12:10 PM

Updating BRL Long

U.S. DOLLAR / BRAZILIAN REALICE

Description

Morning!
The FX_IDC:USDBRL in the 3rd wave formation this week targeting 100% with optimism!
Anyway, careful if it breaks the blue trend, new strategy must be formulated.
Trade wisely!
Comments
cesarhans
Hello Bibis! I had the same though but I think we are always trying to find the reversion point instead to follow the trending. The hammer is nice, but I would prefer to wait some bearish signal. Thanks for sharing.
GFauth
Hello Cesar. Thanks for you reply.
I agree, anyway, according to my analysis, this is the third wave of bull of an sequence 3-3-3 (final cycle), that is, this wave will reach the top of the bearish trend and then the market change, or begins a high cycle.
Best regards friend.
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