Brazil market probably will range for the next 4 yearsAfter big down, big up, probably the next couple of years will be in a form of trading range
Brasil
Buy WINQ20 - "A resistance now Turned Support"
Buy WINQ20. The Resistance at 97730 was broken upwards, retested and rejected now as a support. We should see higher prices in the coming days and weeks...
Compra de WINQ20. Resistência no 97730 foi rompida para cima, testada e rejeitada, agora como suporte. Devemos ver preços subindo nos próximos dias...
USDBRL - wave b should bring it to range 5.04 - 4.97, before up As predicted in our post of June 3rd, the currency reached the target range and turned up as forecasted, completing the minor wave A. It seems to have finished tracing minute wave a of minor B. If this is the case, the next move should be to the down side up to the range of 5.04 to 4.87 when minute b should complete and minute c should elevate its quote to the range 5.40 to 5.50. FOLLOW SKYLINEPRO TO GET UPDATES.
USDBRL - possible minor correction to 5.2 before last leg downAs predicted in the post of May 26, USDBRL reached a level a few points below the target for the correction. Now USDBRL is tracing minor wave A down and it is currently at the beginning of minute 4 up that could reach levels around 5.20. After this the currency pair should enter in the last leg down to complete wave A (our current target for this is at R$4.87) When wave A finishes, wave B should elevate USDBRL to the range between 5.42 to 5.55 before it continues its trend down again. FOLLOW SKYLINEPRO TO GET UPDATES.
IBOV - tendência inverte - em direção de níveis abaixo de 62,000Conforme nosso post do dia 5 de Junho, o Ibovespa finalizou o rally de correção e agora volta para o trend de baixa. O que vimos nas recentes altas foi uma onda de correção pra cima intermediária (B) que a segunda onda de 3 que completarão a onda primária 4. Entramos agora na onda intermediária ( C) que deverá levar o índice no caminho a níveis abaixo de 62,000. No caso do índice cruzar pra cima a marca de 98,00, esta análise deverá ser revista. SIGA SKYLINEPRO PARA RECEBER UPDATES.
IBOV - downtrend to new lows aheadIBOV exactly touched de 0.618 fibonacci target for wave (B) and turned down. The rally has a counter-trend profile divided in 3 waves as is expected from B waves. It is very probable that we are now going to see wave C down that should lead the index to levels below the previous wave A low. if the index crosses up 100,000, this analysis should be reviewed. FOLLOW SKYLINEPRO TO GET UPDATES.
O Pulo do Gato MortoMotivos para aceditar que estamos apenas vendo um "pulo do gato morto":
1) Atingimos a retração de 0,618 de toda a queda;
2) Atingimos o alvo de 100% do pivo de alta que se formou na reversão;
3) O alvo atingido está no mesmo nível da mm200 que é uma média bem forte; Além do preço atual ter atingido o alvo dos tópicos anteriores, deixamos um martelo invertido no alvo.
Todos os itens listados são baseados em Analise Técnica. Falando de uma maneira fundamentalista, o que vemos foi uma subida baseada na injeção de trilhões de dolares de todos os bancos centrais criando um descolamento muito grande da realidade. As empresas estão com números cada vez piores devido a crise do Covid. Uma hora o mercado vai abrir o olho para essa realidade....
USDBRL - probable correction up to 5.60 aheadUSDBRL reached the target forecasted on the post of May 7, where it completed intermediate wave 3. It is now tracing minor wave A down and just seems to have finished minute wave 3. It should correct to around 5.60 where minute wave 4 should end before trending down again. FOLLOW SKYLINEPRO TO GET UPDATES.
Holding Long on EmbraerLast month We looked at the potential of putting on out of the money calls for a small premium cost with an expiration date for late in the year.
As the price of ERJ hits the low of just $4 we are starting to see a bit of strength and support be met at that level. As we start to move up from the all time low looking to follow the trend line will be a strong indicator that momentum is on our side.
USDBRL should soon see a correction before last leg upUSDBRL seems to be in final stages of subminuette wave iii up. After it ends we should see a correction around 5.67 and then a final leg up that should reach the most probable target of 5.95-6.00. FOLLOW SKYLINEPRO TO GETUPDATES.
Petrobras (Brazil) - possible more than 10% short-term gainsPETR4 seems to be tracing minute wave 3 up of a C counter trend move. If prices crosses up 18.60, the odds increase for this scenario with the most probable target around the 22.00 level. If prices crosses down 16.60, this analysis should be revised. FOLLOW SKYLINEPRO TO GET UPDATES.
Resistência de 1 ano rompida!Desde 25 de junho de 2019, o preço da Bitcoin contra oreal Brasileiro não tinha conseguido ultrapassar o nível de R$55'000,00. Isso mudou! O preço rompeu esse nível, e a meu ver a próxima resistência que a gente pode observar é a de R$70'000,00; observada na máxima histórica em dezembro de 2017.
Estou observando para ver se o preço usará o nível de 55 mil reais como suporte, para que busquemos níveis mais altos.
AVISO LEGAL: conteúdo com a intenção de informar, e não deve ser entendido como conselho financeiro.
#USDBRL - Cup Handle Formation #BRL #BRLUSD #BrasilIn the higher-level scenario, everyone still runs as usual.
The small cup-handle formation has already been worked off but the large cup-handle has only completed half of its movement.
USD.BRL - small correction before new highsBrazilian real reached R$5.35 on April 9, as predicted in a previous post. It is now tracing a minor wave 4 that when completed will turn turn to another last move up in minor wave 5 that should elevate the currency to around R$5.45 to R$5.50. The most probable time frame for this target is around 3 to 4 months form now. This last move should complete primary wave 5 and after this the major trend should turn down. FOLLOW SKYLINEPRO TO GET UPDATES.
VALE3 - Brasil - possibilidade de preço chegar a 30,75Vale3 parece ter iniciado onda ( C ) para baixo que deverá finalizar a onda primária 4. Neste cenário seu preço poderá chegar a 30.75. Esta análise deverá ser cancelada e revista caso o preço da Vale3 passar de 46,00. SIGA SKYLINEPRO PARA RECEBER UPDATES.
VALE3 (BRAZIL) - final stages of the counter trend rallyVALE3 counter trend rally is reaching the end. The evolution This last leg up can finish an anywhere from the current level to up to 50 before continuing its trend down. If price crosses up 50.50, this analysis should be void. FOLLOW SKYLINEPRO TO GET UPDATES.
USDBRL - final stages of cycle wave 5 upBrazilian Real is tracing minor wave 5 of intermediate, primary and cycle wave 5. The pattern shows a complete five wave that would complete the pattern, however minor wave 5 could extend, therefore the target to confirm the trend down would be if prices crosses down 5.20. FOLLOW SKYLINEPRO TO GET UPDATES
USDBRL - wave 5 finished, downward trend aheadUSDBRL crossed the upper line of the primary impulse waves' channel. Primary wave 5 finished with a throw-over crossing up the channel, a typical behaviour. Price should continue down in a corrective pattern. The odds for this scenario increases after prices crosses down 5.38. This analysis should be void if prices crosses up 5.72. FOLLOW SKYLINEPRO TO GET UPDATES.
Ibovespa inicia onda C - índice deverá ir abaixo de 62.000O Ibovespa terminou a onda intermediária B e está traçando a fase inicial da onda intermediária C, a ultima perna da onda de correção primaria 4. Neste cenário o índice deverá alcançar níveis inferiores a 62.000. No cenário alternativo a onda intermediária B pode ser um triângulo e nesse caso demoraria mais tempo para o índice chegar no nível mencionado, mas mesmo neste caso o índice não decverá passar o top da onda (B) antes de ultrapassar 62.000. Esta análise deverá ser cancelada e revista caso o índice cruze pra cima a marca de 82,000. SIGA SKYLINEPRO PARA RECEBER UPDATES.
Ibovespa Brazil -wave C should push prices below 62,000IBOV finished intermediate wave B up and is now tracing the initial stages of intermediate C down, which should be the final leg of primary corrective wave 4. Prices should reach levels below 62,000. The alternative scenario would be a triangle formation, in this case, it would take more time to cross that level of 62,000, but also in this case prices should not go beyond the top of intermediate wave B before the primary wave 4 correction is finished. This analysis should be void if the index crosses up 82,000. FOLLOW SKYLINEPRO TO GET UPDATES.
USDBRL - correction down before new highsAs predicted, prices reached 5.392 and it seems to have completed or very near to completing minor b up. When complete, prices should correct in the range of 5.20 to 5.05 before moving up a final minor wave 5 of intermediate 5 of primary 5 of cycle 5 up that should reach the range of 5.50 to 5.60. FOLLOW SKYLINEPRO TO GET UPDATES.
USD.BRL - after wave 4, opportunity for gains - keep tuned !USDBRL is tracing minor wave 4, after it finishes, minor wave 5 of intermediate 5 of primary wave 5 should lift the currency pair to levels higher than 5.30. As minor wave 4 is in early stage we will have a more precise target for minor wave 5 some days ahead. FOLLOW SKYLINEPRO TO RECEIVE UPDATES.
