Buy GBPINR In Truckload Cmp - 100.9885 Buy On Dips SL - 93.2 (Monthly Closing Basis) Target - 114/125
10 Year Breakout In GBPINR Buy At Cmp 105.4855 SL - 103 ( Weekly Closing Basis ) Target - 113/117/125
GBPINR is showing rangebound. Range is 96 to 101. Anyone can make long or short position whenever GBPINR breaks the range of 101 or 96 as the case may be.
GBPINR is forming a rounding top pattern and with signs of distribution at the top a destruction is possible. Tentative date can be 1st Jan 2036 This is not a treading advise, use discretion!
This is my additional view for GBPINR, checkout my initial call from 99 levels which also running. A Single Day Close Above 103.41 & We'll See GBPINR Above 107 Strict SL - 99.2 (WCB) Risk Reward - 1:1, 1:1.5
Bearish till 94.50 daily range level. Reasons: 1. Lower low structure. 2 Pullback to previews price level 95.37 3. Daily closing range at 94.50
Jpyinr and Usdinr. After a retracement to 93 and then drop below today's low 91.90. Reasons: 1. Rsi divergence 2. Price closing lower low 3. Price following a downward slope parallel channel 4. There's a 50 and 618% retracement at 93.00
It would be really interesting if GBPINR moves in this parabolic circle. 93.59 is the zone to decide which way. 94.95 and 96.13 basically will be round up level.
High 97.7764 and low 86.0067 in between there's a huge margin gape. In the four-hour time frame, there's a small H&S formed. Price 94.7263 has been rejected to the upside. Keeping in mind last week's mid-price is 90.8238. Conclusion: I'm looking for a price target 90.8238 as the downside and if price holds above 90.82 then possibly bullish again and 97.77 would...
The pair was moving in a steep rising wedge pattern from the past 1.5 months. GBPINR, in the previous session, gave a daily close below the lower trend line of the wedge pattern, confirming a breakdown. In doing so, the pair also breached crucial support of 21 days EMA (88.1609). Now, it is susceptible to heavy selling that can take the price to 86.5692. The stop...
Commentary: GBPINR 4h time frame. bear flag got reject and brokeout to upside. facing strong resistance zone at 85.1537. following weekly time frame gbpinr formed h&s and still remain in bear trend. Upcoming week thought process: gbpinr is in bear trend and gave a pullback facing 85.1537 strong resistance following another resistance at 86.6605. projecting...