CrowD_Inv

BG Breaks Long-Term BEAR TL

Long
NYSE:BG   Bunge Limited
We have a 3rd Eliott Wave completed with RSI on Over Bought.

MACD is getting horizontal.

I think it will throwback to confirm the break over the TL, it will let the price breath for a while to take another impulse and complete the cycle.

We can expect the throwback right on TL what coincides with 0.618 of 3rd impulse and 1 of all the swing.

5t wave objective on 1.618 of 3rd wave.

Will see.

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