Entry 112290 Reverse stop 109960 Last trade P/L -2650 Total P/L -5530
Ok. You wanna play raught?! Here I'm. Entry 112520 Reverse stop 109640
Large triangle could emerge to shape a huge consolidation. Last wave E down is in progress. The trick is that it could be over already as last wave within a triangle could be short. On the other hand it could retest the downside support to complete the pattern in the 650-700 area. This option coincide with my idea that oil and ruble will drop one more time. After...
I'd like to share my thoughts about the current situation on MOEX:RTSI Index as a major stock indicator on the Russian Market. Since 2008 RTS moved under the strong resistance line and was lucky built a support line. Into this triangle we were moving more than 10 years and finally at the beginning of 2019, we broke the resistance line and shown the power to move...
Time price levels based on GANN square of 9 Note: if 20xii19 will be local extremum high then alt count of price levels will be used: up 1304,1327,1369,1430,1512,1613 DN 1295,1272,1230,1169,1087 not marked
SHORT 1213.52 stop loss 1253.45 Take PROFIT 1151.50 (1) Take PROFIT 1120 (2) Take PROFIT 1085.20 (3) Take PROFIT 1050.50 (4) Take PROFIT 1019.50 (5) Take PROFIT 985 (+18,83%)
Signal Short 1240 stop loss 126 take profit 960 (23%)
rts index judging by the schedule is ready for the long shorts
Out of 104 trading signals 71 positive, 32 negative, 1 active. smart-lab.ru
Out of 103 trading signals 70 positive, 32 negative, 1 active. smart-lab.ru
I expect a decline in the RTS index
There will be no miracle. Less revenues from falling oil market will drag the index lower as it should be around 800 already and could hit 530 when the oil would retest a multi-year low. The correlation index for the past 12 months shows negative correlation but it is a temporary situation as on the longer periods (20+ months) it is positive. This will change...
Form a triangle dictates the price to go down - to finish wave (e), followed by a rise. However, it can turn out that the wave (c) of ((d)) will stretch and leave the upper edge of the triangle. Also, under certain circumstances, it may be impulse wave. But I consider this option as an alternative.