RUB is ready to launch to 75+ zone. Expect a retest back to 73 sometimes in mid June followed by swift move to 78+ area by mid July. Expect the pair to trade near 72 in Sept-Oct later this year, this should be a good buying zone for 2022.
Now, after we've formed the triangle on the global time frame, we're drawing a descending wedge and rebound from the support. This is a really good setup for scalping. Takes and the stop are on the graph, plus, here are two additional takes in the case of a breakout on this triangle. Pay attention that SXP500 is about to break the support, so it's predictable that...
One of the possible scenarios is that the smaller triangle is wave E in an even bigger triangle.
Despite a very deep drawdown, I still believe that this is a correction in a bull trend.
Mounting signs of a bull possibility in USDRUB. Though dangerous as the trend is still not clear.
USDRUB after the test of the support area broke below, the market has now retested the previous support, now turned resistance, and according to Placton's strategy if the conditions will be satisfied we can set a nice short order. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure...
After the federal message April 21. Putin has made a pledge to Russia's new economic policies: • Putin instructed the government within a month to submit measures to support small and medium enterprises; • The President promised to encourage investors to invest in the development of domestic industries; • From July all excessive restrictions on foreign exchange...
Hello Traders, Here you can find my weekly trade ideas (unconventional fundamental trading Style, not that what most People know as "Normal"). They mainly serve to achieve a possible learning effect or to show other perspectives how other traders set their positions and act, should be very interesting. The focus is on the "point of view" (learning through...
I drew the scenario of the Dollar Ruble that will take place in the short and medium term. Namely, when the price will be sold up to the level of 72.50, then from the moment that level breaks, sales can be made to the level of 68.52.
Hello everyone! Bullish flag is formed on a USDRUB chart. wait for the breakout and go long.
Fractal config in red circle Pattern test in current market condition. + Background scheme to backup the fractal's scenario. POSITIVE CORRELATION: DXY/UKOIL
USDRUB we are bullish, on the daily timeframe market has made a nice bullish impulse followed by a correction, now im expecting the continuation to the upside, on the 4hr timeframe market has formed a double bottom and broke above the counter trendline forming new 4hr bullish structure. We will be entering a long if this support holds.