Everything is clear in the picture. The downward channel that has been broken upwards and today's red candle can be considered as a pullback. The Brazilian Stock Exchange index may drop about five percent after this and then move up, so it can put this share under a bit of pressure, but overall my opinion is bullish in the medium term. Oil prices have risen...
this market will go up RESULT : - it's a good time to buy - it will ARRIVE 135.72 - if it BREAK it WE can KEEP or DOUBLE our position
Price might reach that zone, or might consolidate before going up Not financial advice
Price just retraced, but just to confirm buy the breakout Not financial advice
Breakout, price going down, if it retraces it might hit 1st or 2nd blue line
Great buying opportunity. Risk/Reward = 3.5. You can expect a breakout of the red box or enter now.