USDRUB_TOD trade ideas
USD/RUBThere is a monthly /weekly uptrend. The daily trend could possibly turn around here to start following the bullish momentum. Looking for buy opportunities on the bounce back.
USD/RUB Scheme IV
Psychological level acts as a local support level (might be long-term).
History shows that it used to act like a resistance.
Side trend with decreasing volatility is expected.
Pattern formations will occur within the geometric range of triangle.
Breaking above/below a line of fib channel is a signal of movement to the next series of fib ratios.
Scheme covers all unexpected oil factors.
Political factors such as undiplomatic tensions between Russia and "The West" also play significant role in this currency pair fluctuations.
Watch out for financial sanctions against Russian government bonds.
Crossing above red resistance downward line is a bad sign for Russian Ruble performance.
Price crossing below psychological level is a signal to start accumulating US Dollar in exponential lots.
USDRUB a perfect bounce at the 0.618 🦐USDRUB on the daily chart found a perfect bottom at the 0.618 Fibonacci level.
The price ends the retracement and started a new impulse.
According to Plancton's strategy, if the conditions will be satisfied, we can set a nice long order.
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Traditional|USD/RUB|Long and shortLong and short USD/RUB
Activation of the transaction only when the blue zone is fixed/broken.
Working out local support and resistance levels in the consolidation zone.
The "forecast" tool is used for more noticeable display of % (for the place of the usual % scale) of the price change, I do not put the date and time of the transaction, only %.
The breakdown of the upper blue zone - long.
Breakdown of the lower blue zone - short.
Working out the stop when the price returns to the level after activation + fixing in the red zone.
Blue zones - activation zones.
Green zone - take zone.
The red zone - the stop zone.
Orange arrows indicate the direction of the take.
Red arrows indicate the direction of the stop.
USD is moving between 73 RUB & 76 RUB73 RUB good for going to USD & 76 RUB is a good time for Come back to RUB
Russian ruble's depreciation continuesRussian ruble's tests at around 80 seems to support the idea of further supply at and above this level. A further move towards 90 and above can be expected though the trend may turn afterwards.
Russia is an important commodity exports based country and oil is an important component of country's revenues. However, oil market outlook is not bullish and not supporting ruble's prospects.
Reverse of RUBSo, 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 it seems to me low.
USDRUB possibility short-termhm... I cannot see impulse waves up. Seems like ther ewill be another short squeeze.
USDRUB puzzlethe dumbest mistake I can make now is to miss profit by expecting the price to post another low. Yet the scenario looks plausible
