Smokwawelski

WCUBRL - BUY RISING CHANNEL AT 4,65

Long
Smokwawelski Updated   
FX_IDC:WCUBRL   WORLD CURRENCY UNIT / BRAZILIAN REAL
WORLD CURRENCY UNIT VS BRASILIAN REAL
WAIT FOR BETTER LONG ENTRY AT 4,65
RISING CHANNEL AND DEFENDED LONG TERM LOWS SUGGEST POSSIBLE LOSING POWER OF BRASILIAN REAL AGAINST G20 CURRENCIES
IT COMES AT POSSIBLE PIVOT POINT AT DOLLAR INDEX SUGGESTING RISING YIELDS IN US WHICH IS NEGATIVE FOR EM COUNTRIES
Comment:
Heads up tomorrow or on Friday we may get our long entry chance
Trade active
Comment:
if the channel will be defended it will suggest longer ride and prospect of falling oil prices ... For now it looks great
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.