USDRUB Updated and RevisedJust 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./
USDRUB_TDB trade ideas
USDRUB UpdateSeems to be in the early stages of the uptrend. Near term waves are difficult to count. Perhaps I can to it only retrospectively.
Another AttemptThere are big fluctuations within one day. We could not hold above the falling trendline and shall make another attempt down.
USDRUB Forming Falling WedgeUSDRUB stuck by support, resistance and trend lines forming a falling wedge that is the trend continuation pattern.
USD/RUB long setup There is a hidden divergence on 1W chart.
MA50W Holds the price.
The price formed rising triangle.
Long term target is on chart.
This is not the financial advice.
Any feedback is welcomed.
USDRUB targeting 140..160The emerging markets sense bad things first. While the EUR and Pound are still being bought with both hands, USDRUB resumed its ascent to new highs.
The Euro-crosses have also begun their next leg down signaling that the rotation from the dollar into treasuries is coming to an end.
All of this is supposed to be part of the master plan that the market is laying out for H1'21: the main piece of it is the crash in Treasuries of course. A violent spike in yields will cause the crash in stocks and a powerful run into the Dollar and into the Yen.
USD/RUB I renewed the old idea on purchaseI decided not to create the new idea, and to renew old since the purposes remain same. SL on 73.09
Correction in 0.786 according to Fibonacci is executed, growth will continue perhaps further.
The provided information only educational also should not be used to take measures in the market.
USDRUB UpdatePlease do not take that for a forecast because I do not produce any. That is to prepare me not to get overexcited if it goes up and not get frustrated if it goes down after.
Strenghtening rubleRussia is tightly connected with oil and we rely on recovery in the world in the next quarter. Moreover fiscal period is coming and OPEC doesn't seem to show off.
#USDRUB : is the road down to 71 now open?Interim stop of swift RUB strengthening wasn't long but definitely was noticable: from 72,90 to 76.
Now RUB seems rushes to grab all the positive it can before the end of year.
Next target is likely to be around 71,00-70,80
USD/RUB long2Hi everyone!
As I wrote earlier, USD/RUB pair changed a trend to ascending, having punched a wedge up. The first idea on purchase fulfilled well. Now after correction the price should move up to the next strong resistance at about 77.40-77.80 again.
So, purchase from 74.90
TP = 77.39
SL = 73.79
Information provided is only educational and should not be used to take action in the market.
This section is intended for short-term speculation. Be ready to leave a position at any time.
