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fract
Nov 7, 2021 9:56 PM

USD / RUB Fibonacci Channel 

U.S. DOLLAR / RUSSIAN RUBLEICE

Description

Twenty-year channel of continuous Support and Resistance price levels.
Cold colors = Demand
Hot colors = Supply

Current Price is around 0.618 of the Fib Channel.
We can see how market reacted after getting close to Golden Ratio.
However, if oil stays expensive for a year above $68 a barrel, that might pull USDRUB down to a deeper demand areas.

Comment

If you're in Russia keep buying dollars all the time.

Comment

Approaching suppy levels
Comments
rogengine
fract
@rogengine, Thank you
balltime7777777
очень хорошо:))))))
kimstandgraph
Thanks mate for sharing
Najah000
Do you can update your idea please
Mihai_Iacob
great work! Thanks for sharing this
fract
@Mihai_Iacob, Thanks dude
Ehan_Eclipz
Nice, but I am still playing the old fib cannel w/ 36.52 as my 1 and baseline set @ 23.06 and 27.40 (impulse wave )... nice perspective though!
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