USDRUB to retest the top of Y2016 at 85.90
Updated
Previous ideas reached the targets (see related).
But this pair didn't fully emerge therefore I expect it to retest the former top of Y2016 at 85.90.
It will be wave 5.
Wave 4 is unfolding now and it could be flat/zigzag or a triangle as in the larger degree preceding correction.
But this pair didn't fully emerge therefore I expect it to retest the former top of Y2016 at 85.90.
It will be wave 5.
Wave 4 is unfolding now and it could be flat/zigzag or a triangle as in the larger degree preceding correction.
Note
big chart viewNote
wave 4 looks doneNote
wave 4 making double correction
it reached deep 61.8% of wave 3
invalidation below 75.47
Note
Updated map - we are in a large wave 4 before last move upNote
final stage of correctionNote
Related publications
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.