With the confirmed buy signal on 12 July, I am holding long position with a view to have a confirmed sell signals at the points where we have yellow downward arrow. This is for my own trading purpose, overall trend is still bearish and this chart is just to predict better selling prices. I will exit long and enter in shorts with a 2nd confirmed bearish signal...
Disclaimer:
Please consult with your financial adviser before making any trading or investment decision. Set-up provided here is for informational and educational purposes only.
This is not a sell or buy recommendation. We are not responsible for any gain or loss; Consult your financial advisor before your execution of trade.
There are heavy chance that most of...
Disclaimer:
Please consult with your financial adviser before making any trading or investment decision. Set-up provided here is for informational and educational purposes only.
This is not a sell or buy recommendation. We are not responsible for any gain or loss; Consult your financial advisor before your execution of trade.
There are heavy chance that most of...
Disclaimer:
Please consult with your financial adviser before making any trading or investment decision. Set-up provided here is for informational and educational purposes only.
This is not a sell or buy recommendation. We are not responsible for any gain or loss; Consult your financial advisor before your execution of trade.
There are heavy chance that most of...
Welcome to everyone!
Today we are stick with usdinr. Price action shows a small retracement then a good drop could possible.
We never use indicators, news etc in supply and demand we just follow odds and price actions and rules of our strategy.
Happy Trading
As per my analysis there is a possibility that a major 5 wave rally is over in USDINR. The level to watch out for is 68.00/67.50 and if rupee successfully breaches those levels then we could see some sustained rupee appreciation over the next few months. Even a pullback to 40 will be just 50% of the entire rally !!!!
Please consult your financial advisers...
The conversion line moved up and intersecting from above in 3 days, below the cloud and Base trend of 48 weeks. Pure signal to enter in shorts for nearly 68.4000 but on the upside it may move to 70.08 at any day. I will update once the Bulls signals comes.
Disclaimer: Set-up shown here is only for educational purpose only; This is not a sell or buy recommendation. We are not responsible for any gain or loss; Consult your financial advisor before your execution of any recommended trade.
There are heavy chance that most of the presented scripts does not meet set (described) entry conditions, as most of the posted...
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