U.S. Dollar / Russian Ruble MOEX:​USDRUB

On the hourly chart, there was a trend change in the bullish impulse of wave A(1) with correction in 2(B) wave. Currently the is instrument is above the Alligator indicator with AO above the zero line. Buying if the price breaks the latest fractal with target at C wave.

Over-extended w5 is due. targeting 110..120.

On the hourly chart of USDRUB, I expect the price to rally within the 5th Elliott wave. Breakout of the latest fractal level is a buy signal.

Is it really hot autumn?

USDRUB

USDRUB Exact Entry Point for a short position.

USDRUR is fully aligned with the price action in Crude. We finally have the 20-month low volatility mode shattered, the triangle is a terminal structure so the only possibility for USDRUB now is to thrust higher, taking out the previous cycle highs. The targets are 115..130.

Broke resistance, going to test 61 again. Long-term, I believe we are in the beginning of 3rd 1-5 impulse wave, 1 and 2 displayed perfectly.

usdrub

One barrel is currently worth 2950 RUR. This has been rising for years. Crude is heading to new lows - so <26 is in the cards for Brent and WTI. 2950 / 26 = 113.

MOEX:USDRUB

We enter 5 parts we have 0.51 loss in previus rade 2 part we exit erly

MOEX:USDRUB

I start thinking that strategically it is now safe to enter USD against Ruble. Will hold this till march with possible 6-7% upside.

Hey, mates. Cypher pattern on Ruble. With my broker it is almost completed. On tradingview it is far from completion. Nevertheless, check it out. Watch my full analysis video explanation in Signature section below this description. It is called "sample video". It explains higher timeframe analysis, cypher pattern rules, enties, stops and targets.

Good departing point to go to 86.

One more subdivision left in C wave down. A good buying opportunity once the gap is closed at ~64.

The triangular shape of the correction made me worry a bit, but when I looked inside I saw an ABC with a flat correction in B, which means the trend has a good chance to grind a lot higher. I assume we have nearly completed the correction, and possibly after the payrolls tomorrow the free fall in Crude will resume, which will drive USDRUB up to the new highs.