Long USDINRUSD/INR
FX_IDC:USDINR
CMP - 72.904
Stop - 72.100 on DCB
Expectation -
T1 - 74.500
T2 - 75.770, Review at 74.500
Expected Holding Period - 40 trading days or earlier for T1
View:- Swing
Disclaimer:-
Ideas being shared only for educational purpose
Please do your own research or consult your financial advisor before investing
Usdinranalysis
USDINR ViewPrice squeezing and may break either side...
Bias is Bullish though will act on break out / break down...
USDINR View USDINR broke out and retested the 72.64 level
Also, the retest is fantastic with a big rejection hammer candle (bullish sign)
Buy the Dip is the view....
Making flag n pole continuation patterns
USNINR Trend cum Corrective Wave Analysis !!TREND ANALYSIS & TRADE SETUP !
WAVE ANALYSIS !!
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
Wait for ENTRY CONFIRMATION !
USD INR weeklyTill 72 support is not broken it is in uptrend, has good potential for a good up rally touchin 80-85 levels
USDINR and nifty ratio analysisfor future analysis for multi asset review and understand where equity stands
USDINR Weekly ChartUSDINR is currently trading at a very important resistance zone.
A weekly closing about 74 levels will be very important.
USDINR Inv HnS USD INR at a good level
if Head n Shoulder breaks out, then we can get a good long trade.
USDINR - Breakout makes Index to FallUSDINR is not in favour of Index movement, if this is going to break as per the pattern rule then Nifty and bank nifty trading exactly at the ATR and above ATR will fall once again.
Watch out your long trades guys. Something is not correct !!!
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USDINR : Expanded Flat CorrectionLower high & lower low , first sign of more bearish outlook for the pir USDINR. One should go short for the target region of at least 68. The key level on upside is 75.
Expecting a Up move in USDINRIt may take a support near 72.6 and bounce towards 73.5.
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
USDINRUSDINR is trading under the descending triangle which is a bearish chart pattern and if it breaks the lower purple line, then we may see targets marked with the black lines.
If it falls, it would Impact BankNifty positively and we may see BankNifty trading at higher levels.
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
USDINR Currency Elliott Wave analysis intradayOm Namah Shivay
The strong usd is driving the price to 72.7-72.4 region in near future.
The currency Elliott Wave is having it's own different characteristics.
The study is all on the chart.
This is for educational purpose only. There is no trading advice here.
Om Namah Shivay
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 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 Inv HnS 4th Jan 2021 trading ideaUSDINR showing a flag with Inverted Head and Shoulder
If Breaks Up or Down, may give us good returns in intraday
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.
USDINR Long OpportunityGood 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.
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.
