EWZ, iShares Inc. MSCI Brazil ETF - Breakout on Bullish Pattern

Long

iShares Inc iShares MSCI Brazil ETF (AMEX:EWZ)

AMEX:EWZ iShares Inc iShares MSCI Brazil ETF

Support and Resistance Chart Patterns Triangle breakout signals ETF brazil EWZ Ascending Triangle upward Bullish Patterns

supportandresistance chartpattern triangle breakout signals etf brazil ewz ascendingtriangle upward bullish

EWZ
Bullish 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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