As you can see last months correlations between Yuan-Ruble pair with gold spot prices present good levels to take long and short positions to hold them for a month. To do this look at the bottom of the chart where are prices of commodities and pairs which play role in current geopolitics related to the said arbitrage opportunities. Look for big upside swings to...
Yuan/rouble draws the head and shoulders figure aiming at 11.5
#FOREX #CNYRUB Good Saturday night to everyone! What's happening now? The Central Bank of the Russian Federation continues to keep the ruble exchange rate in manual control, which is why we are observing a protracted lateral movement. But now we will not dive into the fundamental wilds of why, why and who benefits from it, but just see what our trading system...
It's funny how the economy works, it's literally like war 💥, the Yuan will get a 400% appreciation with respect to the Russian Ruble, for the Bitcoin Halving dates (2024). 💎
CNY/RUB has corrected to level of 9.5 - 10.00 rubples per CNY. After that will go up in long-term
This is my bearish trend idea, now during bearish flag you can see it .Wait for clear breakout to downtrend after you can entry, because the overall bearish trend . Only in my opinion.
Another bearish pair after a very nice impulse. We have turned around not too long ago. What's next? Fibonacci shows a few options. I always say this, and I will say it again, nothing I say is financial advice. Think for yourselves! Fibonacci goals in green or purple, invalidation is in red. Fractals never lie and Fibonacci series shows us a few goals out of a...
Bought on 11.3348 TP 11.4780 SL 11.2949 Information provided is only educational and should not be used to take action in the market. This section is intended for short-term speculation. Be ready to leave a position at any time.