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Iblx

Correction on IBOVI've been wating for this correction for while, ibov has been overbought for at least 8 days. In those same last 8 days, following a trend of USA markets, ibov got caught in a range of 2%, which made trade on it very hard. But i think we are about to see a correction that will create a great opportunity to go long again. Targets are shown by the white lines (hope the price find support at orange 22 EMA), and "idea" stop is the red line. Don't want to trade this idea, but rather wait to it happen and then go long for a less risky trade.
BMFBOVESPA:IBOVShort
by f1l1per.
Updated

Select market data provided by ICE Data services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.© 2025 TradingView, Inc.

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