USD INR Short term....long or short based on indicated levels.
Buy USDINR 73.38/- Looks super awesome
Good long opportunity appearing in USDINR. It getting rejection from Fib 38.2 level on Weekly and there is a support also. If it breaks 1D trend line so you can go for long.
SD INR levels ...30/11/2020 (D candle)
USDINR 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
Note: 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.
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 . Thank You Disclaimer: It should not be assumed...
Here, AC and CE are 0.52 . BD is 1.27 . By using ABCD & Three Drives Pattern, USD/INR will test 79 levels in the 2021 year. Afterward, its trend will change. We may see 75 levels as a correction. Short-term investors can buy here for 74.4 - 76 - 78+ levels. ABCD Pattern shows that the C point is a stepping stool towards the level of 79.44 (...
Usdinr 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.
The price will move upwards towards the PRZ area where I can expect selling pressure and price can fall up-to 38.2 or 61.8%. Let's watch for the Terminal Bar near the PRZ area to execute the trade.
short after breakdown head and shoulder pattern in 30 minute tf.
a. Zone: Strong Bear b. Resistance 1: 74.20 c. Resistance 2: 74.32 d. Support 1: 73.68 e. Support 2: 73.60 OANDA:USDINR
Key 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 -...
INR breaking previous trendline and EMA on daily charts. Closing will be crucial.
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...