USDBRL is oversolding near blue support .
It is retracing on it , as wave-4 or as alternative count wave-B
Cluster : (c) = (a) and 0,618 [A]
If "1-2-3-4" count , expecting bullish wave-5.Buy between 3,53 to 3,52. SL under 3,5 . TP at least top of wave-3.
If "A-B" count , price may retrace more as it can be bullish wave-C from here.
It is retracing on it , as wave-4 or as alternative count wave-B
Cluster : (c) = (a) and 0,618 [A]
If "1-2-3-4" count , expecting bullish wave-5.Buy between 3,53 to 3,52. SL under 3,5 . TP at least top of wave-3.
If "A-B" count , price may retrace more as it can be bullish wave-C from here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.