DOL1! trade ideas
USD/BRL Mini Futures - WDO (analysis is underway)Análise do minidólar (WDO — Contrato perpétuo), gráfico diário. Como toda análise utilizando canais, é subjetiva e assim sujeita a erros de prognóstico e a diferentes interpretações.
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Minidolar Analysis (WDO - Perpetual Contract), daily chart. Like all analysis using channels, it is subjective and thus subject to errors in prognosis and to different interpretations.
USD/BRL Mini Futures - WDO (analysis is underway)Análise do minidólar (WDO — Contrato perpétuo), gráfico diário. Como toda análise utilizando canais, é subjetiva e assim sujeita a erros de prognóstico e a diferentes interpretações.
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Minidolar Analysis (WDO - Perpetual Contract), daily chart. Like all analysis using channels, it is subjective and thus subject to errors in prognosis and to different interpretations.
DOL1!Major cup and handle move to be played out. Nothing against the Brazilian real, but that's how the monetary system works. There is a massive shortage of USD and it does not really matter how much dollars central banks pretend to be printing, the shadow banking system is much more obscure and complex that many might think.
Opportunies ahead on USDBRLHello guys,
Long time no see!! I have been away from trading for some time, but decided to go back.
On chart, we can see a strong support area close to the 61,8% retracement of the previous uptrend at 4760. We have found support on 4820 level and reversed locally. There is ma200 in this area as well, making a strong support area (shown in green lines). Now globally speaking, we are moving inside a upward channel, but there is a chance of this become a bearish flag (I don't believe so, based on macro scenario surrounding Us Dollar against emerging currencies). While price stays inside the white lines, we are withnessing an accumulation phase. I'm expecting a pivotal movement after 5463 level being conquered by the bulls, but the price must stay inside the channel, otherwise the bear flag would be activated. Also, we need a candle closing above this level for a clear confirmation. The targets can be seen in blue on chart.
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Follow the graphh!!!!!
USD bottoming process.Post just to tie up with yesterdays post regarding USD/BRL Pair. Today it slipped hard against the BRL and went lower however i think this will be a longer process until a pivot low is formed, but this zone where we are now is a possible reversal zone. Maybe the caos regarding the protests an looting can be adding more fuel to this selling however is has bled a lot, eventually a counter force may show up.
American Dollar versus Brazilian Real.Well, finally institutions stopped selling and maybe starting to buy dollars again here in Brazil. Simple analysis, after this massive selloff of USD, RSI is pointing to a recovery ahead of price AKA bullish divergence. Not only that, prices is testing a previous range high zone, and converging with this really oversold RSI. I believe it is a good time to stack some USD for the long run, as the caos in the world is just getting started !
Estudo histórico do dolar futuro por ElliottEstudo histórico das ondas de Elliott para o dolar x real. Tomando como inicio o ponto marcado. Será que faz sentido esse estudo e vamos ver uma alta nesse nível até o próximo ano?
Se perceber algo errado me avise por gentileza.
Apenas para estudo e aprendizado, use a seu próprio risco e sem garantias.