USDBRL_1W_Buyhello
Analysis of the Brazilian real in the medium and long term
Elliott wave analysis style
The market is in an upward trend and in the medium term we are in wave 3, which wave 3 includes 5 waves.
The target of wave 3 is 6.5500 and again we can have a correction as wave 4 to 5.8800 and continue to climb for the big wave 5 towards 7.4400
Sincerely, I am a dear Brazilian and the country is extremely beautiful and the entire continent of America ends in the great country of Brazil. I traveled around the continent of America in 2024 and I have not seen a country like Brazil, especially Sao Paulo.
I wish all the best for Brazil
Real
EUR/USD Dance: Navigating Opportunities in the Forex MarketAs Friday's closing bell rang, we found ourselves at a crossroads in the trading world. The anticipated retracement didn't materialize, leaving us to bid farewell to the week with a mixture of frustration and anticipation. But with the arrival of March came a fresh wave of opportunity. Sellers struggled to maintain their resistance, setting the stage for a thrilling showdown in the market.
With nerves of steel and eyes glued to the charts, we watched as our predictions unfolded before our eyes. Like clockwork, the resistance crumbled, paving the way for our next move. Swiftly, we set a buy limit, poised to capitalize on the impending upward momentum. In the fast-paced world of trading, every moment counts, and we were determined to make this one count. As the market danced to our tune, we knew that our patience and strategy had once again paid off in spades.
A Tale of the EUR/USD Forex PairOnce upon a time, in the bustling realm of the forex market, there existed a fierce battleground where bulls and bears clashed for supremacy over the EUR/USD pair. Our story unfolds on the 15-minute battlefield, where traders keenly observed the unfolding drama.
As the sun rose on the trading day, vigilant traders scanned the charts for signs of opportunity. Among them was a seasoned analyst, whose keen eye for market dynamics brought forth a tale of shifting tides and looming intrigue.
With a determined gaze, our analyst set out to uncover the subtle nuances of the market's structure. Like a skilled detective, they searched for clues that would reveal the intentions of both the bullish and bearish factions.
Amidst the chaos of price action, a pattern began to emerge – a telltale sign of a weakening bullish trend. Higher lows were breached, and candlestick formations whispered tales of struggle and resistance. The bulls, once mighty and indomitable, now found themselves faltering in their quest for upward momentum.
Yet, the bears were not to be underestimated. With each failed attempt by the bulls to rally, the bears seized upon the opportunity to assert their dominance. Support levels crumbled beneath the weight of their relentless onslaught, marking a significant shift in market sentiment.
Undeterred by the challenges they faced, the bulls made one last valiant effort to turn the tide in their favor. Alas, their endeavors proved futile, and the bears emerged victorious, their roar echoing across the trading floor.
In the midst of this tumultuous battle, our analyst saw an opportunity – a chance to capitalize on the newfound strength of the bears. With a calculated strategy in mind, they waited patiently for the opportune moment to strike.
As the London session dawned, the stage was set for action. With nerves of steel and unwavering resolve, our analyst entered the fray, placing sell limit orders in anticipation of a retracement.
And so, the story unfolds, a tale of triumph and adversity, of bulls and bears locked in an eternal struggle for dominance. In the ever-changing landscape of the forex market, only those who possess the keenest insight and the steadiest hand can hope to emerge victorious.
US Govt Real Debt is Down Last 3 YearsThe "real value of the US Gov't Debt" is a different way of looking at our situation through rose-colored glasses, but it is a fair analysis.
If we "adjust the debt level for inflation" as measured by the CPI Index (All Urban Consumers Index) from the beginning of the series back in 1966, you will have a line that is grinding SIDEWAYS since October 2020 at a reading of $105.9 Billion. The latest number was the July reading at $105.1 Billion which is a slight decline.
All of this sounds like "hocus-pocus" but it is a fact that inflation makes it easier for the Gov't to pay off its debt in the new "cheaper valued" dollars. The dollar is the same, only there are far more of them floating around in the system so each of them is worth less.
If we analyze how the US debt has increased relative to other countries' debt, we could also see how we are doing. The financial market's are open for analysts to find discrepancies between the value of various currencies and over time, the market adjusts for the amount of currency being created in an economy.
We can look at the TVC:DXY or US Dollar Index to see how the US economy has fared versus its trading partners. The Dollar Index is weighted for the amount of trading between the various currencies.
I can follow up on that analysis in the next chart.
For now, we can at least see an optimistic chart about the actual "REAL" amount of debt that the US Gov't (which is US, the taxpayers) has over the last 3 years. Covid spending and lockdown payments to keep the economy afloat certainly launched us up into the stratosphere FIRST but since 2020 that debt has been in a sideways pattern.
XLRE possible BreakoutXLRE is trying to breakout of a small basing formation.
With rates surging recently one has to question a potential failure of this breakout, however if it does breakout there may be some significant momentum to the upside. Could this breakout coincide with a sudden drop in rates?
Dollar / Real (Brazil) possible targetting higher levelsTarget one is reached. Usually after a beautiful cup and handle like this one, we see further upward price actions. Fundamentally, I don't think Real will sustain this trend of being valued, since the current president is a former prisioner charged for corruption and recently has been seen in Dubai with his 30y younger spouse in a hotel costing 60,000 reais per person by night, using public money to afford the expenses. Taxation is going nuts all over the country again, the previous president had cut them all, and now they are all being reinstalled. Inflation will hit and it's interesting to watch the DXY chart. I am keeping my earning in dollars as long as I follow the continuation here.
labs token RWA trend, reverse head and shoulder formationlabs token is trending now. Arsenal partnership is announced, Barcelona is soon ( official website mentioned about it ). reverse head and shoulder formation is confirmed. x5 easy.
The Realest Post You Will Read All YearWhy you should care to listen to this.
I first discovered crypto in 2013, but my initial encounter with Bitcoin dates back to 2009. At the time, I dismissed a considerable amount of Bitcoin as a trivial payment for a World of Warcraft private game server admin position. However, in 2011, I was reintroduced to Bitcoin and purchased a significant amount for $10. Unfortunately, after losing my father and misplacing the hard drive containing my Bitcoin during his eviction, I was filled with regret by 2013. Now, I can look back and laugh at those experiences, as they led me to see a much bigger picture. Bitcoin operates in cycles, and it's easy to get caught up in the present moment, listening to influencers claiming that it's all over for the sake of views on their channels. I'm here to explain the true nature of the market, hoping to provide you with a sense of clarity and liberation.
A few years ago, Warren Buffet's quote, "Buy when there's blood in the streets, even if the blood is your own," was as ubiquitous as the definition of insanity. Despite its overuse, the quote held true. However, when faced with reality, people still tend to act on fear. Market cycles are influenced by fear, as seen in the news, lunar cycles, and retrogrades' gravitational waves. It is fascinating how the market operates based on these factors.
There are two fundamental human emotions: fear and love. Everything can be traced back to these emotions in one way or another. Our minds are wired to respond strongly to fear, which is why our reality often revolves around it. Trading on higher timeframes can be easier for some because it doesn't require constant attention to the cyclical nature of the market.
I have previously mentioned that this recurring cycle will happen once more before the market undergoes a significant change. Currently, there is widespread fear of banks failing, but if we look at history, such events were never anticipated. The 2008 crash began just after reaching all-time highs.
In the market, traders often encounter psychological tactics employed by market makers to influence their actions. Emotionless trading is essential to navigate these tactics. By utilizing basic technical analysis one can anticipate market movements, as demonstrated in my earlier idea from last year (I will link to it for reference).
Many people in the market cannot afford to trade their $100 or $1000, but they would fare better if they identified promising opportunities and left their investments to grow while they worked on increasing their account balance. High-margin trading, is akin to gambling. I have lost significant amounts in high-margin trades, watching the market move to my liquidation point on one exchange while others remained unaffected.
It's crucial to understand that long-term investing generates wealth. Allocating 10% of your total balance to promising altcoins is a wise strategy. Focus on consistently investing in cryptocurrencies and stocks while working hard, and you'll see success. Betting on the unlikely scenario of the US dollar failing and causing societal collapse isn't productive.
I predict that Bitcoin will experience an upward wave for a few months, followed by a retracement of that wave, and then gradually work its way up to all-time highs, just like in previous cycles. This may be difficult to visualize amid the world's turmoil, but adopting a month-by-month approach rather than an hour-by-hour one can provide clarity.
Stay resilient and maintain a clear mind. You can't turn $100 into a million dollars in two days. Instead, work hard, save, and invest gradually in the market. The best advice is to earn $10,000 to $100,000 from the market and then start your own business.
Remember, this is just my opinion, and I hope it helps. Bitcoin has repeatedly defied predictions of continuous decline. While it's possible we could see a drop to $12,000 - $13,000 due to a black swan event, similar to March 2020, it's not worth waiting idly for that moment. Choose the long route; your life will still be here in two years, and impulsively risking everything won't bring lasting change.
If you're interested in learning how to trade like a pro and want access to unique tools, visit my website, as mentioned in the description. If you trade NASDAQ futures, you'll be thrilled with our recent release.
Take care and remember to invest wisely, focusing on long-term growth rather than seeking immediate results. Slowly add to your investments with each paycheck, and avoid waiting for the "perfect" price. If you listen to anything I have to say, remember this: the right time to start investing is now.
SAD TO SAY BUT CRYPTO WILL SUPPRESS THE US DOLLAR
Bra look at the us dollar and look how far its dropping bra its damn near hittn 0.10 cent an bitcoin gone take over booming to the millions we literally at the in the great gold mining age but crypto. Ive see where the world heading by the next president election crypto gone be the talk of the town on how to help solve us dollar its up to yal to go or get left an become babylon.
follow me slime
Back from vacation! Going for 8R on bearish AUDCHFHow's everybody doing? Currently trailing profits at about 2.5R on this trade using "High" risk setting on our Trend Pro Strategy. Looking to hit the support level which will net 8R, let's see how it goes. It's been a long vacation and hoping to record a few videos soon!
Copper & Stocks DivergingCopper and S&P500 is making a divergence.
Could this mean that we are going to be seeing weakness creep into the real estate market with Lumber and copper falling recently?
SPY has tracked copper closely with the rise & fall in inflation and yields.
The most used commodity in the world should provide pivotal insights into the next turn in the market.
If we do enter disinflation/deflation that's typically not positive for equties despite the "soft landing" narrative.
Netflix: Breakout, or Range? My advice... WAIT. Here's why.Here's a free signal from our strategy, yet my advise is to wait for the simply reason that earnings are due this week. As trend traders we try to avoid crazy volatility as much as possible, and simply ride the wave when it comes. Netflix price is at a strong resistance level, and can easily be rejected and form a range bound market.
However! If you wish to take the chance to go long, you are free to do so, as long as you keep your risk at MAXIMUM of 1-2% of your equity. And when you lose, do not revenge trade or fomo into markets... just close the charts for a day or so. Risk management and discipline determine the success of any good trader. So in this indicator, you will see that the recommended stop loss price level always equates to a max of 2% per trade.
Hope you learned something, and as always, trade safely.
Trade recap: Making 3.4R from shorting the US-China DivergenceCapped this short at 3.4R using our strategy as we get significant DXY reversal heading into this week's US Retail Sales and Building Permits news. No trades for now as we patiently sit on our hands for the next signal (preferably non-USD for this week, at least).
BTC down move over?tried to make this as non complicated as possible so if you look at circles it should help. it's highly possible to go to the 1.618 (green circle) then bounce all the way to the blue line or .5 (green circle) before resuming down move to complete move to the white line 2 fib.(green circle). For longer term at beginning of chart you can see it already hit the 1.618 (yellow circle) and retraced to the .786 (yellow circle) putting white line at very bottom in play around 26k intersecting with short term 2 fib (green circle). There is one larger sequence at play but this is significant enough for now. This is the secret precise S&R lines for all liquid or illiquid trading assets cause it is a pattern based on fibs the only problem is it is fractal in a true sense not how most use the term. meaning in a daily candle you might have the pattern fully sequence 5 times on a 15 min chart and 2 times on an hour chart and once on a 4 hr chart and this is new to me so having some trouble finding what pattern it's moving on or what time frame it's honoring. Also, just cause it's a pattern it doesn't give you incite on the trend so you still have to figure if it's bullish or bearish. if anything, the pattern has taught me it's in a constant state of if..then thus always bullish and bearish at same time but of course you find what trend is with highs and lows. i'm hedging with gold. i'll post that idea as well.
Pro Tip: Trading Ichimoku Signals Confluence on Forex!Here's a great example of a clear uptrend using the Ichimoku cloud indicator. Popularized by the Japanese, I really like the clear trend-following visual that Ichimoku provides especially on the daily and weekly time frames for each it was originally designed by its creator, Goichi Hosoda.
Once you have confirmed trends on the higher time frames via Ichimoku, the next step is to confirm entry timings by zooming in to the lower time frames, using your favorite trend-following signals (mine is Trend Pro). This provides great confluence and extra confidence when entering your trades.