With that bounce, i must assume that we've officially have put our "b" (these b waves can be tricky to catch them), and now we're going for deep correction. If we do make a new high from here, this count will be completely invalidated.
With that bounce, i must assume that we've officially have put our "b" (these b waves can be tricky to catch them), and now we're going for deep correction. If we do make a new high from here, this count will be completely invalidated.
Seems like we've have put our "B"! Looking for continuation of the downtrend now, to complete our C. Will do further anaylsis as soon as my target gets hit! I consider this a low risk trade.
Handle for 2018 and 2019 between 3.50 / 3.90
Then, by the 3rd or 4th quarter of 2019 starts new trend, following to the target of the cup and handle, or breaking the support.
Hi, Im hoping for an head and shoulders formation here. Waitng for the candles to test daily support level. If it bounces back it can probably come down hard, if it breaks through it can go up and test the monthly level.
For now Im just waiting for confirmation at daily zones.
Captain Bolsonaro was elected, my outlook for the dollar, if all goes as expected, riding an economy team with talking heads, and propagating free trade, tax cuts, partnership with the US, privatization, reforms in legislation and social security, things for the year 2019, the dollar according to my studies, will have the following movement:
The dollar is ...
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