EUR/RUB Symmetrical triangle. Trends Reversal zones.
Updated
On the graph, we see a symmetrical triangle that has been forming since 2014.
A symmetrical triangle is a figure of uncertainty. The percentage of up / down in the ratio of 50/50. The price is clamped. This year will be the denouement of the global movement.
Now the price is in a downward channel, have come close to the trend line of the triangle (green line), which will act as a support.
Pay attention to the main trend and secondary trends. I graphically depicted. Particular attention to the main trend (orange trend line), not paying attention to the local downtrend now, we are in an uptrend.
Breaking down a downtrend secondary trend (triangle resistance, red line) will mean a reversal of the local downtrend and the formation of a new uptrend. The full development of the potential of this triangle is 90%.
All the pivot zones on which the formation of one or another potential movement and target depends, I showed on the chart.
A symmetrical triangle is a figure of uncertainty. The percentage of up / down in the ratio of 50/50. The price is clamped. This year will be the denouement of the global movement.
Now the price is in a downward channel, have come close to the trend line of the triangle (green line), which will act as a support.
Pay attention to the main trend and secondary trends. I graphically depicted. Particular attention to the main trend (orange trend line), not paying attention to the local downtrend now, we are in an uptrend.
Breaking down a downtrend secondary trend (triangle resistance, red line) will mean a reversal of the local downtrend and the formation of a new uptrend. The full development of the potential of this triangle is 90%.
All the pivot zones on which the formation of one or another potential movement and target depends, I showed on the chart.
Note
Trade closed: target reached
2 target +18%
Trade closed: target reached
After 10 days, a profit of 26%.
movement continues to 3 target
Trade closed: target reached
The situation is now.
2 target achieved + 32%
Note
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