Dolar x Real - Cup & Handle on the weekly?
Updated
Chart is giving signals that the trend will continue upward.
Assuming a breakout of the handle at 4.06 the target of the Cup and Handle pattern would be 5.13.
Assuming a breakout of the handle at 4.06 the target of the Cup and Handle pattern would be 5.13.
Trade closed: target reached
The chart gave the signals, but I did not imagine that the climb would be so fast neither the bad reasons behind this.Note
Anyway, the target was reached.
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