USDRUB trade ideas
USDRUB short outlook 🦐USDRUB is side ranging between the weekly support (red) and the 0.382 fib level retracement.
Market has been inside an uptrending channel for the whole reteracement move.
IF the market will manage to break and close below the weekly structure and consequently will break the channel, according with Plancton's strategy we can set a nice short order.
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Follow the Shrimp 🦐
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 Plancton0618 strategy will trigger.
USDRUB nearest future (correction)very similar to the last but I was trying to do something with time.
USDRUB 7 ideas 6 closed in +Hello.
The main trend is still upward.
Also received messages from a subscriber. He made an analysis of my recommendations for the dollar ruble pair and calculated that the cross-country ability is quite high out of the last 7 ideas, 6 closed in + (you can check it yourself). What do I mean by that! Friends, you should not completely rely on my idea, because no matter how I analyze the market, the traders will always be on your balance sheet. I just try to calculate as much as possible possible price movements with the help of those and the foundation of the analysis.
Now let's move on to the USD / RUB bet
Locally, the uptrend is approaching serious resistance in the face of the upper border of the large channel. I think that growth has begun. Range 72.8-73 - strong support level. In this range are the weekly market boundaries, the margin zone. I expect a correction to 73 and then a new cycle of growth around 78.
A good first wave, we are waiting for a correction and further up.
You can try to open positions from the current ones or wait for one of the following signals: a strong pinbar, or the formation of a local consolidation or a pullback from the trend.
Therefore, we have more signals for growth.
Cancellation of the breakout scenario and fixing the support line, we have it at the level of 72.
P.S Friends, support this idea with your like and any comment.
This will be the biggest thank you for my work :)
US DOLLARD/ RUSSIAN RUBLE DAILY ANALYSES Hi friends
the daily chart of this market will experience an uptrend with a very high probability but also it is better to be vigilant of the change of direction towards the opposite
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USDRUB UpdateWhile oil is struggling uphill battle to finalise ending diagonal USDRUB is working through what appears to be a triangle before a massive rally.
USDRUBThe pair is forming a horizontal trend, but with high upside potential. The very strong level 74.50 will be broken on the second try.
USDRUB 4 HOURSThe US dollar is making attempts to strengthen. Recently, the US dollar has made a very strong fall against many world currencies. This is due to the unstable situation in the country. Mass protests are taking place on the streets of the United States. This situation makes it impossible to comply with the quarantine regime. In such an environment, the degree of the disease in the country reached its maximum rates worldwide. Small and medium-sized businesses were forced to stop their work. Only large corporations are fully functioning. But they do not have the ability to fully restore the country's economy. The rise in oil prices also played a role. But at the moment, oil is at a resistance level and is likely to go into correction due to low demand for oil products. Low demand for oil is a negative factor for the Russian economy. Which receives the main income from the country's resources (oil and gas). You also need to understand that the heating season has not yet begun, and the industry is not working at full capacity. This results in very low gas sales volumes. Against this background, the Russian currency cannot be very strong. Russia is also in a quarantine regime and the economy is not working at full capacity. In Russia, many economists talk about the devaluation of the ruble. And this can be seen already at the rate of the EURO RUB currency pair. The dollar is just beginning to rise. But most likely the unstable situation in the country will cause the Russian ruble to collapse.
Last try for this bull periodI make this prediction according to the last price dump and the idea that developed countries will stay hungry for assets in 3rd world markets. 72-72.5 is a great range . Don't be too greedy. At least 75.5 is coming.
Potential sellWE see the trendline rejected numerous times. Waiting for a break and retest of support
Falling back to retest at around 72High velocity growth switched to profit taking.
Moving to the line that was broken earlier. From there USDRUB could continue its way up.
USDRUBHere is a possible set for USDRUB. With a 1:3 risk to reward ratio but always wait for the movement to be as drawn above
