USDBRL - final stages of cycle wave 5 up

Brazilian 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

Operación cerrada: objetivo alcanzado:

Price didn't cross down 5.20 and the trade continue and reached 5.747. Price crossed down the upper line of the channel and is now trending down. See the new post.