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aibek
Nov 14, 2016 8:49 AM

BRENT CRUDE vs RUB. Inverse Head & Shoulders 

UKOIL*USDRUBTVC

Description

If this idea will deliver then it supports the idea of USDRUB rise.
The rub will not benefit much from rising oil as oil would rise against the rub also.

Comment

We got a Neckline breakup.

Trade closed: target reached

Amazingly true as rub couldn’t benefit from strong crude
Comments
5898928
Holding line for now
aibek
@5898928, Hi, you mean break and pullback?
5898928
@aibek, retest of TL, and up and away
5898928
@5898928, of neckline
aibek
@5898928, Hi, yes, agree, thanks for clarifying!
babaika
is this barrel in ruble?
aibek
@babaika, Hi man! Yes, it's 1 barrel of Brent Crude Oil in Russian rubles.
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