RTS GLOBAL IDEA
Uppdaterad
I'd like to share my thoughts about the current situation on 
RTSI Index as a major stock indicator on the Russian Market. Since 2008 RTS moved under the strong resistance line and was lucky built a support line. Into this triangle we were moving more than 10 years and finally at the beginning of 2019, we broke the resistance line and shown the power to move forward. Now we can build rising channel since July 2014 and based on the Fibonacci line we can identify the next target near 1535 pips. This scenario will cancel if we fall below the channel around 1100 pips.
RTSI Index as a major stock indicator on the Russian Market. Since 2008 RTS moved under the strong resistance line and was lucky built a support line. Into this triangle we were moving more than 10 years and finally at the beginning of 2019, we broke the resistance line and shown the power to move forward. Now we can build rising channel since July 2014 and based on the Fibonacci line we can identify the next target near 1535 pips. This scenario will cancel if we fall below the channel around 1100 pips. Kommentera
Target reached even more! My congratulations!
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