Wave (2) on IBXL (Brazil 50 Index)
At first i thought that wave (2) already had happened, but i changed my counting, and think that it is about to happen on next days or weeks. Three other technical signs agreed with this idea: the divergence of momentum indicators (indicated by purple trend lines), overbought condition on them as well and the fact that price is hitting a top of major channel. I already closed my positions.
Note
until now, things are following the script!Trade closed: target reached
I didnt set a target at this idea but i think now its time to go long on bovespa look at my newer idea to more details: 
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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.