In Soviet Russia, Money Buys YOU! - (USDRUB)
Updated
Hello Traders!
The Ruble has been in a steady uptrend for a while now.
It's no secret that Russian debt, lowest of developed nations (Roughly 200B) is so low now that Russia claims to have enough cash on hand to cover their debts completely. After the last Russian economic crisis, policies under Putin have sought to eliminate debt and generate faith in the economy.
I believe strong fundamentals combined with positive technicals create here a wonderful long opportunity! We can start layering in immediately. Even TD9 shows an imminent buy opportunity.
Be careful of manipulation!
Stay safe and good luck traders.
The Ruble has been in a steady uptrend for a while now.
It's no secret that Russian debt, lowest of developed nations (Roughly 200B) is so low now that Russia claims to have enough cash on hand to cover their debts completely. After the last Russian economic crisis, policies under Putin have sought to eliminate debt and generate faith in the economy.
I believe strong fundamentals combined with positive technicals create here a wonderful long opportunity! We can start layering in immediately. Even TD9 shows an imminent buy opportunity.
Be careful of manipulation!
Stay safe and good luck traders.
Note
hmm doesn't look awesome, keep watching that line, that's the real stop lossNote
the 13 count kinda got messed up by that little pump, really would have been nice to hit a 13 right off the bottomNote
ladies and gentlemen we have life!Note
I will probably take profit at 66.5 since the move happened faster than I had anticipated.
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