Based on the macro environment, and considering these key factors: 1. Bovespa leg-room to expand 2. Dollar index is going into a bearish macrocycle 3. Commodities bullish cycle 4. Political Tail-wind.
Just to record that the chance of the dollar falling is great! After this breakout of this accumulation and the straight support, the price is already indicating a downtrend. Making the tops and bottoms lower and lower. We need confirmation of the breakout of 4.58 reais to establish a downtrend. Strong buying region in the region of 4 reais and fibo.
Despite the recent inflation in all commodities, BRL is starting to strengthen against the dollar and has now broken 2 key areas simultaneously. breaking a line in itself is not a big deal so we need more evidence for follow through.
A somewhat confused picture has emerged over the past few days on the USD/BRL chart. I have what looks like a triple top on the monthly and weekly charts, which any chartist will tell you is BEARISH. But…. Over the past couple of days on the daily chart we have what looks like a double bottom which has just completed, which is bullish short-term pattern – so what...
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...
In a few months from now, billions of people will be glued to their TVs for the 2022 FIFA World Cup that is set to take place in Qatar. Every four years, soccer’s global governing body gathers teams from over 30 countries for the world’s biggest sporting event that brings in billions of dollars in revenues and other economic benefits (jobs and tourism) for host...
Chart showing USD/BRL and how it performs during presidential elections and also what happened after March 2020, during the beginning of the c0v1d p4nd3m1c
═════════════════════════════════ Since 2014, my markets approach is to spot trading opportunities based solely on the development of CLASSICAL CHART PATTERNS 🤝Let’s learn and grow together 🤝 ═════════════════════════════════ Hello Traders ✌ This is a very good pattern and this pair, as we can see, has proven to be quite...
Mayor Pattern: Weekly Symmetrical Triangle Anticipatory Pattern: Daily Flag Trigger Point: 0,2037 Entry 1 on 21 March close Entry 2 on 23 March Close
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...
For quite a long time brazilian real has suffered alot wiht dollar... but things has apparently changed.. we dont discuss with charts.. we reply to it... for moment brazilian real enter in a great territory .. for moment... BRL is rulling until things changed
Major Pattern: Symmetrical Triangle Weekly Anticipatory Pattern: Channel with 7 descending consecutive maximums
usdbrl is in a long term bull market with parabolic looks
This is not an investment advice. Do your own Research. Something smelling strange, I don't know what the excuse will be, maybe the low spread between interest Brazil x USA, or something else. I don't like to say that something will go up when it is already close to the ath, but....it seems to be Perhaps this market is tired of trading in this range.. looking...
Minister Paulo Guedes Corrupt destroyed Brazil Target $6 BTC strong what is not lacking is: support - is Altseason now what we have is: plenty of Altseasson space to shine Super Cycle BTC little jump little jump But the target is consistent Everything in order Altseason is ready and loaded ready to explode Here is pure math Tips for Buy Fast PMA...
Real looking ready to drop another 27% by the end of 2023
Minister Paulo Guedes Corrupt destroyed Brazil Target $6 BTC strong what is not lacking is: support - is Altseason now what we have is: plenty of Altseasson space to shine Super Cycle BTC little jump little jump But the target is consistent Everything in order Altseason is ready and loaded ready to explode Here is pure math Tips for Buy Fast PMA...
Minister Paulo Guedes Corrupt destroyed Brazil Target $6 BTC strong what is not lacking is: support - is Altseason now what we have is: plenty of Altseasson space to shine Super Cycle BTC little jump little jump But the target is consistent Everything in order Altseason is ready and loaded ready to explode Here is pure math Tips for Buy Fast PMA...