On the graph, we see a symmetrical triangle that has been forming since 2014. A symmetrical triangle is a figure of uncertainty. The percentage of up / down in the ratio of 50/50. The price is clamped. This year will be the denouement of the global movement. Now the price is in a downward channel , have come close to the trend line of the triangle (green...
The pair failed to breakout from a major resistance line after its four (4) day rally. Croatia will take over the presidency of the European Council on June 30, 2020. Croatia said its strategy will be based on the main pillars: “A Europe that develops”; “A Europe that connects”; “A Europe that protects”; and “An influential Europe”. However, the “influential” part...
The Russian economy is going through hard times. The country is influenced by a huge package of sanctions from Western countries. Last year showed economic growth, but these indicators were created artificially to calm the country's population and players on the Moscow Exchange. This year, the country expects a significant collapse of markets and currencies. The...
The pair will continue to fall lower in the following days after it failed to breakout from a downtrend channel resistance line. Geopolitics have changed following the election of US President Donald Trump. He became the face of populist leaders rising across the world. This became problematic with traditional allies, specifically with the European Union. Germany...
Pattern: 1D Rectangle. Signal: Bullish as the price is near the 1W Support. Target: 73.500 (below the 1W Resistance).
Pattern: Based on the 1W RSI, it is repeating a pattern seen in 2016/ 2017. Signal: Bullish as the price appears to have made a bottom on the 69.800 Support. Target: 73.500 and 77.300 (0.618 Fibonacci retracement) for longer term.
Trade idea. EURRUB could be forming a flag on the daily chart. Currently, the pair is sitting around its 200 EMA. For now, we will sit back, relax and wait for a clear break through one of the highlighted areas before we examine a further directional move. If the pair breaks through the 74.00 zone and closes a daily candle above it, this might confirm a possible...
Pattern: Support/ Resistance trading. Signal: Bearish as the price hit both the 1D Resistance and MA200. Target: 71.700.
Hi, Slowly I start to add some mid-term (weeks, months) trading & investment opportunities into my TradingView account. The first one which looks technically pretty nice is EURRUB. Pretty soon you can start building your long position on EURRUB and it starts from the round number 70. Obviously, do your own research, read fundamentals and etc. Technical...
Three minutes after the news ingress with sl about 20 pips on, and Tp to 55 pips. tp will done in 5 minutes. be carefull with the swing after just that !!