Price has reached the upper levels of the ascending price channel as well as matched a symmetry move of the previous swing low to high. Looking for a retracement similar in length to the last one from 02-02-2015 to 18-05-2015. Timing symmetry also comes into play matching the 3 month 10 day rally from the previous swing low to high of 18-05-2015 to 25-08-2015, currently we are looking at a swing low to high of 15-10-2105m= to 20-01-2016 within 1-5 days of this timing cycle. I expect a retracement to the lower levels of the ascending price channel.
Commentaire:
I am short USDRUB