Buy USDINR. Next Target 73.50All the retails have been shaken out. The accumulation has been done . Now its time to markup the price. These are probable entry, exit and stoploss area.
Usdinr-forecast
Expecting a Up move in USDINRIt may take a support near 72.6 and bounce towards 73.5.
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InvestPro India Team
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.
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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.
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.
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
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Last USDINR Idea - Jan2020- Next Path
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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.
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.
4hour USDINR more to fall bellow 74Bearish usdinr is more to fall bellow 74.50 and 74. as the Indian market is bullish currently usdinr will appreciate more simple logic.
Usdinr 30mins.Recently usdinr faced huge volatility but the direction is as usual Unpredictable.
This is an range marked price action and nothing special.
Usdinr late post same idea nothing changed.74.66, 75.22, 75.47 three higher lows breaking out from long consolidation pushing price extremely higher highs.
Reasons:
1. Nifty fall and gain
2. consolidation break out and pullback
3. bullish divergence on oscillators
4. Bullish structure.
Get some dollars in your pocket!!!Long some USD / INR
Basis:-
1. Monthly and weekly RSI above 60
2. Unbroken uptrend indicated by trend line and 5SMA crossing 20 SMA from bottom
3. Hammer like candle formations indicated by arrows
4. Good volumes indicated by arrows
5. Fibonacci retracement level of 61.8% and 78.6% crossed
Target indicated by Horizontal line around 77 INR
Stoploss as per individual risk management
Lets go long!!
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Simple analysis.
Usdinr 4h. Similar idea to JpyinrA small slow pullback to 75 and then drop below today's low to 74.50 noted.
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 75.00
Check Jpyinr idea here link down below
