I see a continuous move downward for the Russian gas since there is a big volumes indicating a strong pushdown from the bears. It would be risky to take any long position at the moment.
100000 1. 0.5% - 500 2. Buy - 86.64 3. Stop - under 1 - 83.74 4. Amount - 500/(86.64-83.74) 500/(86.64-83.74) / 10 17.241379310344794 = 17 lots
MOEX:GAZP is looking to go upwards to around the 190 area this week . It could even go up to around 200 area if price closes significantly above the 192 mark in an upcoming day . Before shooting up , it might go down to the 183.5-184.5 area after the market open and then from there go upwards to the 190 area . A more detailed analysis is to be found in the comments .
Large triangle could emerge to shape a huge consolidation. Last wave E down is in progress. The trick is that it could be over already as last wave within a triangle could be short. On the other hand it could retest the downside support to complete the pattern in the 650-700 area. This option coincide with my idea that oil and ruble will drop one more time. After...
There is great probability that SBERBANK'S SHARES are forming triangle now.
USDRUB POTENTIAL LONG OK SO I USUALLY DON'T TRADE THIS PAIR BUT I WANTED TO THROW A COUPLE EXOTIC PAIRS INTO MY ANALYSIS FOR THIS WEEK. OK SO IF YOU TAKE A LOOK AT THIS PAIR YOU CAN SEE SOMETHING PRETTY SIGNIFICANT THAT JUST RECENTLY HAPPENED TO LEAD TO THIS ANALYSIS. IF YOU TAKE A LOOK JUST IN LAST COUPLE DAYS YOU CAN SEE A LARGE REJECTION TO THE DOWNSIDE AND...
According to Eliot Analysis Sberbank ordinary shares are completing the third wave included in last fifth wave of higher order.
Is the theory of Turkish lira for the Russian ruble happening ? The question is relatively difficult ------------------------------------------------------------ This is my article about the Russian ruble today Can the theory of Turkish lira be for the Russian ruble happening ? This question is according to many questions of people I'm reviewing this...
Is the theory of Turkish lira for the Russian ruble happening ? The question is relatively difficult ------------------------------------------------------------ This is my article about the Russian ruble today Can the theory of Turkish lira be for the Russian ruble happening ? This question is according to many questions of people I'm reviewing this...
Is this a possible elliott wave count for the LT of Russian Currency?
The US Dollar reached the previously set target at the 64.15 mark against the Russian Ruble. After reaching the target the currency exchange rate bounced off the resistance provided by the upper trend line of a medium term ascending channel pattern. The trend line was also strengthened by a pivot point level. In the aftermath of the bounce off the rate has...
Brent Crude Oil's drop could spoil WXY model of correction posted earlier. It looks like we could have a Triangle instead as higher lows and lower tops appear on the chart.
It could be the end of a long-term correction in USDRUB pair as an Ending Diagonal pattern has been spotted on the chart.
MBT is quietly becoming a monopoly in the Russian mobile telecom space. I wrote a detailed analysis of the company, which you can find here: rockvuecapital.wordpress.com In short, the company is a monopolistic giant with tremendous reach and power in Russia and Eastern Europe. Despite this tremendous power and monopolistic qualities, the company trades at...
The US Dollar has continued to decline against the Russian ruble, as expected. The currency exchange rate has reached the previously set target of 56.13. The target was chosen as it represents the low level of August 2017. Moreover, it consists of various other levels of significance. For example, an inverse Fibonacci retracement level of past high and low levels...
As the US Dollar continued to lose ground against the Russian Ruble a major development occurred. The currency exchange rate passed a very significant support level near the 57.60 level. At that mark a 61.80% Fibonacci retracement level met with the support of the most dominant ascending channel pattern. However, that is no longer the situation. Instead the...
At first glance the situation on the USD/RUB charts looks chaotic. However, if one delves deeper into understanding the currency exchange rate, it is clear what is occurring. First of all the pair has made a rebound against the most dominant ascending channel patterns lower trend line, which is combined with the 23.60% Fibonacci retracement at the 56.95 mark....