I updated the chart as structure changed from earlier pattern (see related).
Double three W-X-Y extended the consolidation.
I think crude oil (see related) will dip again so its natural that USDRUB will move higher for ruble weakness.
Double three W-X-Y extended the consolidation.
I think crude oil (see related) will dip again so its natural that USDRUB will move higher for ruble weakness.
Note
The pair dipped as planned and we reached blue box area where Y=1-1.272 of WThe reversal is soon
Note
updateNote
Updated map here
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.