USDINR - 15Oct2021
Today is India Mahastra holiday.
On H4, price dropped to strong 1st support. We could expect a short-term bounce at this level.
This is for personal record purposes only, not financial advise or solicitation of trade.
It is the second most important trading pattern in Harmonic Pattern series , called Gartley Pattern which is also frequently observed in markets. This post a second post of educational series related to Harmonic Patterns ,
In this post, I cover the following things regarding the pattern
1. Pattern Traits
2. Step by Step formation of the Pattern
3. Bullish...
FX_IDC:USDINR could form Deep Crab harmonic pattern if the price would cross point B (75.026) level. The PRZ (price reversal zone) would be around point D (77.33). One can ride the trend till D once It breaks B level or One can play the reversal once it reaches D.
USDINR - 11Oct2021
On H4, USDINR bounced and closed above the major resistance of 75.12 at the last hour. This could be a bull trap as both H4 and H1 Stochastic and RSI indicating negative bearish divergence.
We could expect it to pull back to 1st Support before going much higher in the future.
This is for personal record purposes only, not financial advise or...
In this Educational post, I will be sharing the most basic and simple harmonic pattern: AB=CD Pattern
1. Formation of the Pattern
2. What to look in the pattern
3. Targets
This is a new series of Harmonic Patterns , where I shall be discussing about the below patterns:
1. AB=CD Pattern
2. Gartley Pattern
3. Cypher Pattern
4. Bat Pattern
5. Butterfly...
USDINR - 14Oct2021
On H4, price dropped to support. We could expect further pullback on the USDINR to 1st Support today.
This is for personal record purposes only, not financial advise or solicitation of trade.
USDINR - 13Oct2021
On H4, USDINR swung towards strong 1st Resistance at 75.600. We could expect it to pullback to at least strong 2nd Support at 74.98.
Stochastic is also at resistance where previous drops occurred.
This is for personal record purposes only, not financial advise or solicitation of trade.
USDINR - 12Oct2021
On H4, USDINR continued to climb higher, however it should have limited upside. There is strong resistance at 75.60. Stochastic is also at resistance where previous drops occurred.
This is for personal record purposes only, not financial advise or solicitation of trade.
USDINR - 08Oct2021
USDINR pulled back nicely yesterday, expecting to retest major 1st Resistance at 75.00. Will need to monitor closely whether price can close above.
Most likely will face bearish pressure today and break above 1st Resistance next week.
This is for personal record purposes only, not financial advise or solicitation of trade.
The USD/INR is trading near the 74.9000 juncture in early trading today, after actually trading above the 75.0000 juncture briefly yesterday. Volatility in the USD/INR has increased as resistance levels have proven vulnerable and reversal off highs occur in swift choppy motions. After breaking through the 74.7000 level yesterday, the USD/INR saw an impetus of...
USDINR - 07Oct2021
USDINR have played out the inverse head & shoulder target to 74.840. We could expect to it pullback to 1st Support before further monitoring the price action. Stochastic is also coming into resistance where it could pullback further
This is for personal record purposes only
Hi everyone! As I noticed earlier, it was necessary to wait for an exit from a triangle. And so now an exit from a triangle took place up. Therefore using length of the widest part of a triangle and also Fibonacci's stretching. We receive the purpose about 77.50.
Purchase at the current price.
TP = 77.50
Information provided is only educational and should not...
DATE: 11 SEP 2021
INSTRUMENT: USDINR
TREND: BUY
TIME FRAME: DAY
CMP: 73.5140
BUY ABOVE: 73.5900
STOP LOSS: 73.3294
TGT 01: 73.6390
TGT 02: 73.8835
RISK DISCLOSURE:
We are not S E B I registered analysts. VIEWS EXPRESSED HERE ARE FOR OUR RECORD PURPOSES ONLY. Please consult your personal financial advisor before investing. We are not responsible for your...
Here's the way of plan execution arrows shows how it's goes lvl by lvl
Support zone (72.7000-72.6000) 72.90-72.80 swing can be down from both lvl so just wait for correct entry time.
Hello
Welcome to this analysis about USDINR, we are looking at daily timeframe perspectives. USDINR in recent times heavily decreased with bearishness however it now moved into an oversold condition. USDINR is developing here that will be a decisive factor in the upcoming times. I discovered the main formation USDINR is developing here that will be a decisive...
Hi everyone! USD/INR pair approached important support line which lasts since September of last year. Technical indicators indicate the need at least corrections from this line. After achievement of level 73.60 it is necessary to look attentively behind dynamics of pair as after long accumulation of positions the explosive growth or falling is possible. Now pair...
IDC
