A bat pattern seem to be maturing on the last part of it's journey, from leg C to leg D. Sell from 75.948 (approx) for a R/R of 2.08% on T.P 1. Sell again from 75.948 (approx) for a R/R of 3.31% on T.P 2. Thanks & good luck in all your trading.
Monthly Chart of USDINR: As seen from the Monthly Chart of USDINR, the currency is trading in the Rising Channel pattern since 2013 to till date. In the month of April-2020 the currency has hit the Upper part of Channel around the levels of 76.50-77.00 and retraced. The currency has formed a Shooting star Candlestick pattern around the resistance levels on...
As the price action forming a bearish RSI divergence and simtanously breakout down from a consolidating pattern, indicating further weakness in Dollar and strengthening of Rupee. T1- 75 SL-77.5
USDINR is looking to complete a flat pattern. The forecast has been shown.
USDINR active till indian Budget july 2019
little bit push back like- 70.32 and 70.12
looking good for long , see triangal and buy..
BUY & SELL Above Given Chart or You Can Also set Own Risk reward. Let see what Will be Next Move. Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only. Thank You !!
The conversion line and the base line intersecting from below and now moving downward. Selling nearest to 70.45 with stoploss 70.80 targeting 69.05. Viewers and analysts please comment and thanks to Trading View.
In Recent times we have seen Rupee making fresh lows against dollar which resulted in forming double top pattern. CMP is 71.73 NECKLINE is 71.45 If Neckline gets broken I am expecting 69.95 IF this Happens Expect Nifty Touching 11700 again