EURINR has been moving sideways with a downward bias over the last few days post the peak on Dec 3rd. The sideways move has traced an W-X-Y pattern. The pattern also resembles a 'FLAG' pattern as per classical chart analysis. Considering the previous sharp move , one can expect a continued upsurge following a break of the upper trend line The subsequent move...
Buy EURINR Above 90.2, Strict SL - 85.5 (DCB), Target - 101-102
EURINR sell Right now 89.92
good profit or not comment me rsi over sold be carefull market is nagative buyers
Price is coming near a long term channel support also near horizontal support, can go long after watching activity near level for target of upper channel boundary.
Eur/inr sell activated Today.It is Keep rising from 78 for few months.Now trend is broken in 4h.i used daily chart for sl and tp. Target 1 - 87.8 Target 2 - 86.5 good luck all.
Eurinr suppose to break below and reach to level 83.50. Fib level confluences to 50% retrace upside. Similar to Gbpinr idea also may work as well.
We can expect another low to first impulse fib level 168%. High 86.74 and cmp 84.55 potential rejection can happen at that level it may even take quite sometime to break EQ and break below to reach 83.27. Reason: Nothing happens as you think.
Eurinr peak ath theres need to be a discounted price. Reasons: 1. Strong divergence 2. uncompleted h&s 3. Every hour potential bearish till 84.30
Short trades can be initiated on EUR INR as correction is due after ~3 weeks of rally. Strict stop loss should be placed as it is currently trading above 200 EMA on daily charts. I'd recommend trailing your stop loss once it starts moving in our desired direction.
EURINR is looking weak as previous 2 weeks high is acting resistence. StochRSI also showing early signs of reversal. The chart is pretty much clear and very straight forward. Date: Sunday, 13th Oct 2019 Short below 78.214 SL: 78.590 Open Target Your trades are your own sound decision. I'm not responsible for them. Trade safe.
TREND ANALYSIS TRADE SETUP Follow Chart Instruction. Do not be Hurry for entry. Wait for Proper Entry Setup. Buy/Sell with Best Risk Reward. Educational Chart Only. You can Comment and ask the TREND ANALYSIS of any STOCK/SCRIPT/INDEX/FOREX. Risk:Reward = 8-12 times
EURINR 4h time frame. sharp move from 76.1501 to 77.6148. Using baseline chart. as we can see level 77.6239 is a strong resistance. although eurinr is in bear trend following weekly time frame it formed an H&S. for trade setup upcoming week. look for a consolidation pattern breakout either side of that white box, chances are price retracement at 50%, 61.8% fib...
EURINR formed H&S on the weekly time frame similar to GBPINR if this patterns gets activated then we will see next five month bearish for EURINR. cpm-77.0186 to 68.88630.
EURINR could be making 78.0429 and then