FullTimeTrader
Short

USDRUB-long term impulse finished

FX_IDC:USDRUB   US DOLLAR / RUSSIAN RUBLE
1303 2 20
I love Russia, i spent five years of my life there. Nice country, nice people.

This pair is very insteresting because it seems price formed its first long term impulse.
Looking at W1 chart we can see a clear five wave structure. Price tried to reach new highs and bounced from a strong S/R
snapshot



Here on D1 chart.

- First lower low after a long term uptrend
- expanded flat correction ABC green
- 0.61 fib retracement acting as resistance
- Convergence-divergence setup (not shown)

I expect a long term decline from here.

From Russia with love!!

Regards.

Hi I know you posted about the rub/usd 5 days ago is it still in the down mode thanks for any tips
Reply
FullTimeTrader omw78ygthasoh
yes, price is making a pullback now, we could enter. regards.
Reply
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