For my English speakers:
I am saying that the price broke major support which happened to align with the 38% fib. With broken support on the higher time frames and structure-forming, suggesting resistance on the lower timeframes make the possibility of a continued fall imminent.
I am waiting for further confirmation n the daily with proper 4H context for...
Vou explicar em ingles:
if price respects support at the 38% level which aligns with support in addition to completing the harmonic pattern on the lower timeframes, then and only then, do we have a possible bullish opportunity? Price is already trading below the previous annual candle close low. If the price continues to break and trade below, creating...
We take a look at why the U.S Dollar is structurally on a bear trend against the High Yielding Emerging Market currencies.
Two factors are going against the U.S Dollar.
1.) Low-interest rate differentials
2.) Negative Current Account Balance + Increased Fiscal spending increasing this problem for USD.
These four setups are popular trades across investment...
In this video we are looking MTF analysis. USDBRL is at all time high. We will think only going longs, not shorts.
Note: Sorry for my english. I tried my best :)
