Vallo

PBR Island reversal, target 5.50$

Short
Vallo Updated   
NYSE:PBR   PETROLEO BRASILEIRO SA PETROBR
0
Island reversal spotted at the end of B wave, will expect at least a fall until 5.50 forming a flat correction. If 5.50 support is broken next target is 4.60/4.50.

My analysis will become void if PBR reaches 6.90 closing the gap in the Island reversal.
Trade closed manually:
gap closed, new idea published
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