So, I see current situation so. The 5 wave in C was horizontal wedge, that point out to strong power of bears in Russian Forex market in Bull cycle, and, as a result, probably in nearest future we will watch sharp devaluation of RUB. This situation correlates with dynamics of Russian Government Bond Index. However there is probability, that is was wave 4 in C, but...
The count is morphing into something else though no less powerfull
Ok, I was rightly suspecting another leg lower. Now the scenario is confirmed.
hm... I cannot see impulse waves up. Seems like ther ewill be another short squeeze.
the dumbest mistake I can make now is to miss profit by expecting the price to post another low. Yet the scenario looks plausible
Just had the EUREKA moment with USDRUB. Was going to cover longs with a loss. But now I am going to suffer a little bit longer./
Seems to be in the early stages of the uptrend. Near term waves are difficult to count. Perhaps I can to it only retrospectively.
There are big fluctuations within one day. We could not hold above the falling trendline and shall make another attempt down.