Possible timeline is the end of Aug '20.
The market hasn moved up near the zone of the previous high created in march 2020. Currently the price hit the resistance and is looking for a correction. If the price will break and close below the 4h structure, at the retest of it we can set a nice short order according with our strategy. ––––– Follow the Shrimp 🦐 Here is the Plancton0618 technical analysis,...
Update Don't forget to zoom out to see the source of some vital lines and also for viewing hidden levels.
The market has created a clear double top on the fib retracement level and currently is testing a support structure. Price is still supported by the ema 21 and the upper channel. When the price will manage to break below the structure and consequently below the ema and also break the channel we can set a nice short order according with our...
The market after a long downtrend has now broke the trend line and currently is moving in a side range. If the market will manage to break and close the resistance structure we can look for a long order according with our strategy with possible first target at the next resistance structure. ––––– Follow the Shrimp 🦐 Here is the Plancton0618 technical analysis...
Hey there! Very simple setup explained in the chart. Basically stay short and if the pair closes above resistance look for very opportunities. If you have any questions please leave them in comments. Did you like the idea?? Give us a thumbs up!! Do you have a different view and analysis? Let us know in the comments. I love to be proven wrong. It is the only...
Buy now and more low price. Sell level 94 Profit +35% Wish you luck !
When oil begins to fall, the best currencies for speculation are the Russian ruble and the Mexican peso. The South African rand is not so dependent on oil. Another 10-20 days and can buy USDRUB and USDMXN - the most highly volatile currencies.
USD has been in a bear trend against ruble since March, it formed a topping pattern as a descending triangle and started a bear trend. since then it made another defending triangle as a bearish continuation pattern and broke down from it the target of that large triangle is around 68$. its currently completing another small descending triangle with a target around...
The structure became complicated and we see how strong oil affects this pair. It is possible that the upward cycle has been over already when it reached my first target. See related Now it will build corrective structure downwards.
T1 Trendline. If price will cross this trendline, we can expect another rally of RUB to 77.72
The pair is trading in the triangle which is also a bullish flag. With the oil that low and the ruble being an oil currency, one might expect a bullish breakout. There is a small local long inside the triangle, but I would actually hold it, waiting for the bullish breakout and add to the position then as the positive balance of the first one will give me a good...
See weekly chart in related ideas for macro context. Expecting $USDRUB to play out in similar fashion.
$USDRUB futures is having hard time with that resistance level. We need to reclaim 78500 if we are to see higher prices. Still in spot long, but good place to hedge.
Bias: USDRUB: up. US Stock market: down.
The price broke up the Triangle and can rise from this place to the next Key Level 75.5. We can open Buy if it will make a pullback to Buy Zone. 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!
Low time frame channel I'm watching. What comes first: breakout or 72ish?