usdinr reverse head n shoulderUSD/INR Target is 73.718 as it got the neck line range of 0.255 points of movement, hence after price broke the resistance it will move unto 73.718 within few days. Its a 15 minutes chart.
N.B. Do Trade Or Invest before consulting your financial advisor.
.
Forecast
USDINR Go Long in the Channel USDINR - is travelling in a channel
buy every dip and sell every rally
USDINR 6th Jan 2021 for next two days viewUSDINR has made a Inv HnS pattern and broken above it, now making a bullish pole & flag continuation.
If flag Breaks up, rally may continue in the channel pattern making more flag n pole continuation patterns.
inv HnS has broken the previous downtrend channel.
USDINR - Bullish Reversal from supportNote: This is for educational purpose only.
There seems to be a bullish reversal from demand zone with increasing volumes.
ADANI GREEN - Ready to Fly again?Fundamentals here take the backseat with a sky rocketing PE ratio.
Technically, the price is right at the 61.8% retracement base.
Bullish Hidden Divergence Spotted.
This tells me the stock will take the turn but let us wait and watch.
No Targets for such stocks - StopLoss based on risk appetite is Mandatory and #Ridethetrend
BALAJI AMINESParallel Channel Travel
2 Divergences spotted.
Price is at decisive point
- Will it rise back inside the Channel?
- Will it fall below the Channel?
Ans: Most probably , it will rise back inside the Channel to touch the top. Lets see !
*****
Help Me to Help Us.
Always keep a stop loss to rescue you out of troubles.
I believe in keeping the chart simple with minimal drawings & easy to interpret.
So kindly express any disagreement & improvements so that we learn & earn together.
Please support the effort and appreciate it with a Like if you felt it deserves it and Following me would only add on to the motivation.
BEML Ltd2 strong weekly and monthly resistances here, are what make the breakout levels and targets.
Keep an eye for a strong breakout this week.
*****
Help Me to Help Us.
I believe in keeping the chart simple with minimal drawings & easy to interpret.
Always keep a stop loss to rescue you out of troubles.
So kindly express any disagreement & improvements so that we learn & earn together.
Please support the effort and appreciate it with a Like if you felt it deserves it and Following me would only add on to the motivation.
POLYCAB - Ride the ChannelSelf Explanatory.
*****
Help Me to Help Us.
I believe in keeping the chart simple with minimal drawings & easy to interpret.
Always keep a stop loss to rescue you out of troubles.
So kindly express any disagreement & improvements so that we learn & earn together.
Please support the effort and appreciate it with a Like if you felt it deserves it and Following me would only add on to the motivation.
BANCO PRODUCTSFundamentally good stock.
Has the potential to reach the targets sooner than later.
*****
Help Me to Help Us.
I believe in keeping the chart simple with minimal drawings & easy to interpret.
Always keep a stop loss to rescue you out of troubles.
So kindly express any disagreement & improvements so that we learn & earn together.
Please support the effort and appreciate it with a Like if you felt it deserves it and Following me would only add on to the motivation.
USD INRUSD INR has been respecting Harmonic Trading Patterns at every stage. Will it oblige this time too? If yes then if 73.25 holds 74.50 (falling trend line) could be retested.
NEULAND LABS - Inverted HNSAn Inverted Head and Shoulder pattern on the weekly chart.
Breakout on Daily Chart.
A trend line which would most probably determine all the above targets.
Also, a candle stick pattern very similar to the Morning Star has been formed at the right shoulder.
Only time will tell if this analysis was time well-spent.
*****
Help Me to Help Us.
I believe in keeping the chart simple with minimal drawings & easy to interpret.
Always keep a stop loss to rescue you out of troubles.
So kindly express any disagreement & improvements so that we learn & earn together.
Please support the effort and appreciate it with a Like if you felt it deserves it and Following me would only add on to the motivation.
USD-INR Bullish Gartley Pattern - Bullish ReversalUSDINR Gartley pattern showing clear Bullish Reversal from D point, Which creates buying points at Rs.73.3560 with an SL at 73.20.
Target - 1: 75.0215
Target-2: 74.6662
USDINR - Hammer at SupportNote: This is for educational purpose only.
There seems to be a bullish hammer at support with rise in volume. Moreover, there seems to be a bullish RSI divergence.
Usdinr daily. currently at overbought zoneUsdinr Currently at overbought zone on the daily time frame. price is in a downtrend parallel channel and can continue till 72.20 or it can happen if it crosses recent high 74.50 after giving a small pullback to 73.53. price 73.53 is a crucial level to change the direction of either side but most probably 72.20 can be achieved by the end of December 2020.
USDINR- Dollar Rupee Key Level- 73.00Key Zone - 72.50 / 73.00
Holding The Key Zone - Expect Upside - 74.00 / Strictly Above 74.00 for 75.00-75.20
Falling Below 72.50 / 73.00
Downside Key levels - 70.70 / Falling strictly below 70.70 for 68.00-68.30
------------------------------------------------------------------------------------------------------------------------
Last USDINR Idea - Jan2020- Next Path
--------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------
SHORT | WhirlPoolWeekly and daily both chart done , looks like it is going to be good time for down for whirlpool
Trade active from 2200 and target for 1615 in duration of 35 days
USDINR Long I hope you can now see how USDINR represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
Disclaimer: It should not be assumed that the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these products are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
Oil Short Term ForecastH4 - Bearish trend pattern.
Currently, it looks like a correction is happening.
Until the strong resistance zone holds, I expect the price to continue lower further.
USDINR breakout for Long with Good R:RUSDINR has been consolidating since one week and tried to form a base (at the demand zone). In Previous day session it broke its resistance (73.65), and sustained above it. At current level it is looking good for long with good R:R, Minor hurdle at 73.9.
USDINR - Bearish breakoutNote: This is for educational purpose only.
There seems to be a bearish breakout in USDINR with ultra high volume. However, RSI is below 30 which indicates oversold. Don't aggressively short this pair. There is a possibility of some bounce back before the next down fall.
