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MoolahMaker
Dec 6, 2018 3:06 PM

USDRUB - Bullish Opportunity Long

U.S. Dollar / Russian RubleFOREX.com

Description

USDRUB. We have a symetrical triangle pattern above the 4H 200 EMA.

If it holds, then we'll see the current resistance break and a move up higher happen.

You'll have to put your SL below the 4H 200 EMA with just a little space to it in case of spread volatility since its an exotic pair.

Happy trading.

Comment

Look at it on the 8H chart, the bullish triangle pattern will be move obvious.

Order cancelled

The trade for this position is canceled since prices weren't able to push up but rather down. It's closed until further clarity that it can go up as last expected.
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