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Smokwawelski
Jul 27, 2017 2:54 PM

USDRUB BUY LONG Long

U.S. Dollar / Russian RubleFOREX.com

Description

Trendline suggest we could expect weakening rubbel in comming days.
it coincides with potential pivot points on other oil related currencies as CAD and NOK and Oil itself.
look at my other today's ideas related with oil

Comment

Looking from broader perspective it shapes very long lasting U buttom which can be also defined as SHS pattern with shoulders in February and June.
Currently we are moving on neck line which if defended will prompt upward move..

Comment

Pair developing according our scenario. Pain free move upward till now . if we close today obove yesterday candle , it should give the move extra power ..

Comment

Rising trendline still valid working for us

Trade closed: stop reached

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