Quite often the first idea in your mind is correct, call it divine providence but it works. So the more I am analyzing corrective structures the better should be labelling ))). So this detailed count of what was seen last September - into related ideas below. The target is conservative at 44 RUB where Y=W.
Many people expect Russian rouble to rise as per fundamentals. I tried to assess the perspectives of this pair as per wave patterns. What is definite for me is that the decline is almost over before a major correction or a complete reversal starts. This is why any short trades are limited. I would advise trading only long trades as per your strategy.
I am following the RUBUSD for personal reasons. Although this is highly dependent on many fundamental factors and highly manipulated the structure is still clear and readable because it is a result of all those factors. I have done a lot of forecast on this pair and it's amazing how the structure plays out !