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USDINR Weekly Flag and Pole
Upper Triangle Bullish Pattern
Going to take retracement from 50 EMA
wait till break out 25 Dec 2023
81.917 to 83.285 Range
Hello 🐋
Based on the chart, the price is close to the channel resistance zone ✔️
if
the price doesn't break the support zone to the downside, we will see more gain and breakout of the ascending channel
at
least to our upper trend line resistance 💣🚀
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
All details are given on chart. If you like the analyses please do share it with your friends, like and follow me for more such interesting breakout charts.
Disc - Am not a SEBI registered. Please do your own analyses before taking position. This post is only for educational purposes and not a trading recommendation.
Back in october i drew this rising wadge and i completely forgot about it.Since than we got our third touch point and big bounce from it on the fourth of december.This rising wadge goes back from 2017 Bull-run and has multiple touch points on the upside and 3 touch points on the downside.
But we also have this rising channel and 3 perfect touch points on the...
Here the price broke the the previous ascending channel and made a new descending channel ✔
and now
the price is close to channel resistance and we expect correction for the price and our target are located on the chart 🧨❌
second possibility
the price start to break the channel resistance here and if satay above this line we can expect gaining for the price...
H1 time frame.
Structure: Downtrend.
Break Ascending channel and lower low confirm a downtrend.
Wait for sell signal at 1.25100.
Target is next support at 1.24200.
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Wish you all have a good trading day!
H1 time frame.
Structure: Downtrend.
Correction wave with Ascending channel.
Breakout Ascending channel at resistance 1.26400.
Wait for retest at this point and sell signal.
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Wish you all have a good trading day!
hi, today until tomorrow what will happen !?
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