ATA Continuation of…
23.07.2018 – REAL – BRAZIL SAMBA…
After …
Last RISK ON REAL Wave
Now …
TURKISH CRISIS strikes BRAZIL REAL
creating
New Monthly Green Candlestick against Brazil Currency…
ATA MIND OVER MARKETS…
ATA MARKET MODEL :
First…Market Motive…
Second…Market Technical Pattern…
Present BRAZIL REAL Situation
New Motives :
Turhish Crisis
TRY – TURKISH RATING DOUBLE IMPACT…
EM F/X RISK OFF Wave
DXY – F/X NORTHERN STAR for EM CURRENCIES…
&
Technical Pattern :
USD Wave Up – Cancel 2B & 2B BIS ( Weekly Chart )
vs
New 2B & 2B BIS Active ( Daily Chart )
ATA Investment Conclusion
after June , July & half of August 2018
BRAZIL REAL Big Picture shows…
BRAZIL RISK OFF Wave Continuation
with
Agressive Motives
TURKISH & EM F/X SELL OFF…
USD/BRL
Present Active Resistance Zones – 3.95 & 4.00 with All Time High 4.25
vs
Support Zones – 3.88 – 3.90 & 3.70 – 3.60
with
New Daily 2B & 2B BIS
Focus on
Monday Smart Money EM F/X Reaction
on
USD/BRL in 3.90 – 3.95 Zone ( Daily Chart )
USD/BRL Monthly , Weekly & Daily Charts :
23.07.2018
17.08.2018
