Hi everyone! USD/INR pair long was in one range, thereby a narisova a triangle. Now the price drew already 2/3 triangles. Therefore it is possible to expect it breakdown in the nearest future. I expect breakdown of a triangle down. Now the price is close to the upper bound of a triangle therefore the entrance to the transaction is safe. Stop loss can be delivered...
Here is fruit of patience, first Take Profit point(Trend Support) have been touched well, I believe you have booked profit, now you can lower down your SL(stop loss) Point, at 82.68, below our Short level, wait for 81.36, to book big profit!..
USDINR (#USDollar Vs #IndianRupee) Short Signal Entry:81.903 SL:82.146 Target:80.849 RR:1:4 But You can Save Profit and Continue Target:80.206 Means 1:7 RR Please Tell me Your Idea?
Hello friends, First, I love India and the Indian people. I made an analysis for the Indian rupee and I think it is on a very important level now. You see the huge rising channel, in which a small falling one is formed. I have indicated the important levels on monthly and weekly charts, which were just hit. We saw a strong rejection from these levels, which...
Hi, as per my analysis, FX_IDC:USDINR has created its top, my view is to short USDINR from current levels. Stop loss will be only 83.5800 and my down side target will be 80.910. Note: This is my personal analysis, only for learning. Thanks.
Indicators: 200EMA Bollinger bands RSI Trade conviction: RSI Daily TF strength is declining Dear traders, I have identified chart levels based on my analysis, major support & resistance levels. Information shared by me here for educational purpose only. Please don’t trust me or anyone for trading/investment purpose as it may lead to financial losses. Focus on...
Technical indicators indicate corrections the need. I specially chose the purpose achievement by which perhaps with high probability. It does not mean that correction on it will end. On the week chart the price moves in the upward channel, that is the medium-term trend remains upward. TP = 76.42 Information provided is only educational and should not be used to...
USDINR has been trading in an Upward Parallel Channel, since last year end till now. Recently it has hit the upper top of the channel at 77.88 levels. Its a SELL till 77.4 and if it breaks 77.4 level with good volume, it can further drift down to 77.17 levels. 76.94 to 77.1 7 is a Buy Zone, where can be a bounce back but till that time, its a Short.
USDINR faced resistance near the falling trendline from the 2020 top, it came close to touching it but turned lower, also hit has broken down recent support trendline too, another move to the bottom end of the triangle near 72.47 should develop, if this triangle is complete as presumed then we should break below 72.47, and that would be b d trendline and it can...
Hi everyone! USD/INR pair achieved the objects set earlier and now correction is necessary. I expect correction at least up to 0.382 levels according to Fibonacci. Sold on 74.51 TP = 73.9296 SL = 74.9133 Information provided is only educational and should not be used to take action in the market. This section is intended for short-term speculation. Be ready to...
L O N G T E R M S I P T R A D E DATE: 20 MAY 2021 INSTRUMENT: USDINR TREND: SELL TIME FRAME: DAY CMP: 73.160 SELL BELOW: 73.118 STOP LOSS: 73.30 TGT 01: 73 TGT 02: 72.84 TGT 03: 72.70 TGT 04: 72.323 TGT 05: 72.70 DISCLAIMER: We are not S E B I registered analysts. Please consult your personal financial advisor before investing. We are not responsible...
07 MAY 2021 INSTRUMENT: USDINR TREND: SELL TIME FRAME: DAY CMP: 73.54 SELL BELOW: 73.424 STOP LOSS: 73.752 TGT 01: 73.298 TGT 02: 73.196 TGT 03: 73.058 DISCLAIMER: We are not S E B I registered analyst. Please consult your personal financial advisor before investing. We are not responsible for your profits/losses whatsoever.
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Hi everyone! On the week chart USD/INR pair moves in an upside channel towards its lower bound. And also now the price overcame the important trend line down and tested it from below. Now some indicators indicate continuation of the movement down. Therefore I expect price movement down at least to two following supports (my purposes). Short on 73.3470 TP1 =...
Further investment from USA into indian markets to pull down the dollar