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captain_smollett
Apr 23, 2017 11:36 AM

USDRUB. The party is over? Long

U.S. DOLLAR / RUSSIAN RUBLEICE

Description

That bullish divergence on Daily timeframe could long 4 months...

Following the pair to add long-term longs but no position for now

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Possible Gartley pattern on 4H timeframe which would complete a Wave D of the ending diagonal

Trade active

Longed the dip! SL: 49, TP.... Around 100

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I think we potentially work on this wedge. Which means, next possible 54.8* low is the bottom on this pair for a long-long time. I moved my long to breakeven and will add more once we reach this value. Otherwise, in case of a breakout, I will be looking for a backtest and add after that retrace happens

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Weekly:

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And daily...

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First target: 67 RUB per 1 USD. That should be a Wave 1

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Will add longs after a backtest

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Nice triangle on EURUSD, shows the upcoming movement on quite clear way

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It is being said in Russia that new sanctions package is a signal to the US investors: you have around 6 months to abandond the ship. If so, the countdown has been triggered

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Triangle was broken to the downside =) So, one more dip to buy
Comments
SharkbaitAl
Nice find -- looks like a solid breakout. Good luck!
captain_smollett
@SharkbaitAl, thank you, Sir!
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