The Phenomenon of Russia’s Delayed Economic Crisis

Abstract

In the context of the crisis, practical analysis of financial markets becomes especially relevant. At the same time, determining the actual beginning of the crisis and its duration is not an easy task. Effective risk management is vital for companies to operate. An error in determining the onset of a crisis can significantly reduce the effectiveness of measures taken. This article is devoted to modern methods of risk management in a crisis in financial markets, the definition of the crisis in the Russian economy. The article discusses new approaches to the study of finance and financial markets. New methods of comparison of fundamental events and their technical interpretation on price charts are presented. Suggestions for improving the efficiency of risk management of financial market participants are given. Recommendations are given for working with ready-made expert assessments, including erroneous ones. A comprehensive approach to market analysis is recommended. When analyzing the market and assessing risk, one should take into account the fundamental background with the mandatory use of technical analysis tools. The larger the scale of fundamental market events, the more closely they correspond to the rules of technical analysis. Market participants are recommended to use the following methods of technical analysis, especially in the context of functionally related assets: Fibonacci levels, a triangle, which have shown their high accuracy both in a stable and in a crisis market.