RUBUSD 4H buy opportunity ! 🐮***************************************************************************************************************************************************************************************************
DO YOUR RISK MANAGEMENT AND MAKE SURE TO FOLLOW YOUR STRATEGY LIKE IF THIS WAS HELPFUL TELL US WHAT YOU THINK IN THE COMMENTS THANKS YOU
***************************************************************************************************************************************************************************************************
USDRUB_TOM trade ideas
Russian Ruble behaviour in the closest terms.As I drew on the graph, there is some probability that we could see growth to 85-90 rubles for 1 dollar in the nearest future.
Also I suppose we could see flat instead if growth. I don't see any positives in RU economics. Exchange rate could become better only if US dollar become weaker, which I doubt in.
How do you think?
USDRUB, Where it can be stopped...The price bounced off the Mirror Level and continued its up move.
The Support line wasn't broked, the trend is bullish - that's mean we should predict only buy trades here.
The potential profit will be 3 times bigger than the risk.
Push like if you think this is a useful idea!
Before to trade my ideas make your own analysis.
Write your comments and questions here!
Thanks for your support!
Usdrub buy 76.95-775 min chart :Breaking above bunch of ma on 5 min chart and break happened below fibo retracement 0.28
Good location for rebounding to at least previous fibo level or little higher.
4hr chart : steep decline. Two candles with same wicks .
Daily chart decline to previous spikes, and approaches strong support level between 76.15 and 75.00
I bought here at 76.95. I was looking at this to buy before weekend at 76.85 were it broke above bunch of ma on 2 min chart, but don’t want to hold it overweekend.
I dont have stop loss on this one because if it’s start dropping in to daily support i will accumulate more.
USDRUB Long term analysis for Russian Rouble !Russian rubble had a strong correction
to 68.25, but after that, formed the pattern
triangle with T2 and T3 trendlines (1,2,3,4
points). You can find expected movement
with green lines. In my opinion RUB will
stabilize a bit on christmas holidays, but
after, will decline up to 84.00, if CBR will
not take strong actions. Anyway CBR cann't
change the trend direction, but just hold
motivate the market for several months.
For long term strategy, fundamental changes
must be made in fiscal policy and in the
economy itself. If pandemic wil end in
December, this fact will not help currency,
there are other fundamental reasons why RUB
is declining