USDRUB is side ranging between the weekly support (red) and the 0.382 fib level retracement. Market has been inside an uptrending channel for the whole reteracement move. IF the market will manage to break and close below the weekly structure and consequently will break the channel, according with Plancton's strategy we can set a nice short order. ––––– Follow...
The market has created a clear double top on the fib retracement level and currently is testing a support structure. Price is still supported by the ema 21 and the upper channel. When the price will manage to break below the structure and consequently below the ema and also break the channel we can set a nice short order according with our...
Pattern: Channel Down on 1W. Signal: Bullish as the Channel Down found support on the 1W MA50 and the rebound broke the pattern upwards. Target: 82.800 (the potential Double Top). ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
The market after a long downtrend has now broke the trend line and currently is moving in a side range. If the market will manage to break and close the resistance structure we can look for a long order according with our strategy with possible first target at the next resistance structure. ––––– Follow the Shrimp 🦐 Here is the Plancton0618 technical analysis...
Hey there! Very simple setup explained in the chart. Basically stay short and if the pair closes above resistance look for very opportunities. If you have any questions please leave them in comments. Did you like the idea?? Give us a thumbs up!! Do you have a different view and analysis? Let us know in the comments. I love to be proven wrong. It is the only...
T1 Trendline. If price will cross this trendline, we can expect another rally of RUB to 77.72
Push LIKE, FOLLOW and COMMENT below what do you think. This my setup for this pair I’m still waiting for the bears to come. Send me message on TELEGRAM if you want to follow my trades. Telegram: NirKubaFX
As widely expected USDRUB selling off from the 64.2x highs and a good time to collect half our chips from the table. Well done sellers, a textbook zigzag and flawless trade since the channel breakup so far. The spike was a textbook flushout with US sanctions acting as the catalyst. For those tracking the previous diagrams the flows are wide open in the...
I will keep this one quick as it is Friday afternoon... its clear that high beta has been in demand from some faster hands of late. Nothing of meaningful weight in the ladder, I think we will test the highs before pulling back. Another technical break to the topside in play with some strong US data. This looks set to test the highs in USDRUB for now. Tactical long...
A very advanced playing field in commodities and commodity currencies and with offshore sharks on the sell side in USDRUB there is a lot more room to go. The highs at 63.50 will act as strong resistance while to the downside initial targets located at 62.7x, 61.5x and the final swing clear at 60. This is the same levels from the previous diagram: No surprises...
Pattern: Channel Down on 1M. Signal: Bullish and bearish reversal once the MACD shifts to bearish. Ideally near the red resistance zone. Target: 61.000.
Now bull's reserves have been activated and exhausted, the diagonal swing towards the new lows at the key 60 handle is the aim. This momentum play is a characteristic impulsive swing. The moves constitute a great example of the lust to exploit the brilliant effect of technical analysis, because of the accuracy that is endowed with incredible resilience. The...
Here we go for a round of EM FX market updates and with Oil on the move first up USDRUB. After the doldrums of Thanksgiving liquidity is starting to enter back into play, although with market out of position there is no need to overload exposure. The USD tide is turning and clients here are pressing the buy side on RUB crosses to play the dollar sell-off. More...
The pair is trading within a long term 1M Channel Down (RSI = 50.809, MACD = 0.186, Highs/Lows = -0.2688). A Golden Cross formation has emerged this week on the 1D chart and since we are in the middle of the Channel we take this as a sell call. Our Target Zone is 62.000 - 61.350. ** If you like our free content follow our profile (www.tradingview.com) to get...
Buy : 64.045 - 63.831 T/P : 64.329 | 64.560 | 64.795 StopLoss : 63.398