This is an example of the price dynamic between the giant's doors using the PhiCube PVPC indicator.
Price cannot stand still. It forms fractal patterns with different levels of power and potential. The size and relative behavior of the fractals defines trends or consolidations. Between lines is a consolidation. Lines aligned numerically defines a trend. The...
-How wonderful, we have the dollar falling. And how is it falling. And it can fall further. 4500, Is this what the bulls are out to do?
-Is 4500 the fair balance between the US and Brazilian currency? If it depends on the numbers and the economies involved, the answer is a beautiful and resounding “YES”.
-There are many variables that can be put into the magic...
WDO in a bearish mode and maybe will be testing the neck line of the double top under the LVA of the last year.
Please watch the video for the points of support and resistance..
Thank you.
WDO is in a side ways down correction with several points down as supports.
A 11 yr up trend was broken either to a distribution or to an accumulation.
My odds ar to the down side at this moment.
-In the long term we can see that the US dollar is in a consolidated bearish trend.
-Given this scenario, we can say that the dollar tends to devalue against the "Tupiniquim" currency due to a basic factor: "there are several securities on the Brazilian stock exchange with their "valuations" completely outdated", mainly companies linked to commodities.
-In the...
the US dollar is forming a descending cone pattern and is about to break the lower trendline (LTB) with a target at 6.03. Here's an analysis of the situation:
Technical analysis is a method used to study price patterns and trends in financial markets, including forex markets like the US dollar. The mention of a "cone descending" pattern implies a gradual...
