EWZ, iShares Inc. MSCI Brazil ETF - Breakout on Bullish Pattern
EWZBullish set up and resistance breakout on the ETF representing the Brazilian market.
As always the ascending triangles are among our most common traded patterns because they have a profit realization degree of 50% with an average Profit/Loss Ratio of 3:1.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.