USDRUB seems to be in a corrective pattern as I cannot label what has happned so far as impulse wave up.
Seems like the the preious case with a more pronounced correction after triangle in grey has just been ruled out and we are back to the bullish case with a creeping wave 1 as another leading diagonal in a row. Alternatively the grey triangle may still play out, however looking at RTS developments it is unlikely.
ATTENTION! We have a solid opportunity to buy silver, accumulate it, and make millions.
Jeez, this USDRUB futures is a hard nut to crack. It is either an expanding diagonal to finish the count or the count is wrong..
Seems like I have spotted more organically looking alternative to my immediately bullish count. That way wave (2) wxy is much more credible on lower timeframes.
I continue to expect USDRUB futures to rise and maintain bullish interpreations of the count. A series of first nested waves is often difficult to spot and the market always tries to shatter your thinking. The trade is opposed to fundamentals that command ruble to strenghten but technical analysis says up.
The ruble is in runaway mode to 75.. Though the count is very tricky and not straightforward.
Hello traders, here's a good example of a triangle pattern (marked red) which has been confirmed as correct by a continuation upwards. Now that the pattern-driven move is about to be completed near upper band of a channel we can use this SHORT opportunity from this position targeting a lower band of a channel (entry point is cirled) Good luck and use SL! Tony
The forecast for the beginning of a corrective upward movement when returning to the trading zone canceled in the figure.
When the price level is crossed (line 1), the price will decrease. Options for corrective price growth are shown in the figure. Revision of the forecast when price levels are reached (line 2 and line 3), if necessary.
To be, or not to be, that is the question: Whether 'tis nobler in the mind to suffer The slings and arrows of outrageous fortune, Or to take arms against a sea of troubles, And by opposing end them? To die, to sleep; No more; and by a sleep to say we end The heart-ache and the thousand natural shocks That flesh is heir to, 'tis a consummation Devoutly to be...
Russian Ruble/U.S. Dollar futures the downtrend is finished
I Recommand a small to average buyes position that my accurate anaylse