Usdinrshort
USDINR bearish flagUSDINR bearish flag
if breakdown then 72.85
else if BO of the inclined Trend line, then expecting 73.14
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.
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.
USDINR - Channel BrokenNote: This is for educational purpose only.
Channel broken with high selling volume. This is a confirmation for downtrend. There might be some consolidation before further downfall.
USDINR Trend Analysis & Trade Setup !!TREND ANALYSIS & TRADE SETUP
Wave Analysis & Chart Pattern .
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 setup, if available then Long/short.
Reward is 15-20 Times
USDINR Trend Analysis & Trade Setup !!TREND ANALYSIS & TRADE SETUP
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
You can Comment and ask the TREND ANALYSIS of any STOCK/SCRIPT/INDEX/FOREX.
Wait for entry setup, if available then Long/short.
R:R is 10 to 12 times.
USDINR BEARISH BUTTERFLY ?SPOTTED BEARISH BUTTERFLY YOU MAY GO SHORT WITH TARGET 70.966 STOP LOSS BEING 71.559 GOOD LUCK
NOTE: TRADE AT YOUR OWN RISK
USDINR brief overviewUSDINR is moving in a wedge.
Longs can be added on closing basis after break of upper line.
SHORTS can be added on closing basis after break of lower line.
Not advisable to take positions on inside the wedge.
Will update more on any significant moves.
Date: 10/09/2019
This is the 3H chart.
Your positions are your own sound decisions. I am not responsible for your trades.
Trade safe
USDINR remain bearish.USDINR broke out all time support level 68.32 and enters into bearish teritoy and remain bearish from Jun 17/2019 high 69.95. current price is 68.23 following this trend we can expect futher down to 67.86 and 67.50 in a short period.
Today's Gaped down usdinr and other 3 pairs eurinr, jpyinr, gbpinr gaped up. following J. powell cuts fed rate again and other US/China trade war sourcery goin on.
USDINR BearishSeems to be bearish right now on daily basis breach below 69.3level will be taking it to the level of 69 and 68.5 and then we can see a likely retracement as per the descending triangle on a bigger picture
USDINR short term bearish. crude oil got broke all the way.USDINR short term bearish. crude oil got broke all the way as it was the only fundamental for usdinr
USDINR Possible Downward in Short TermPossible target for the short is 67 area and If breaks above 72, this plan will fail.
USDINR's Market structure are in complete bearish mode.USDINR's Market structure are in complete bearish mode.
Darn!! Consolidation bull flag has broken to upDarn!! Consolidation bull flag has broken to up.
After three days of consolidation, now USDINR shoot up if Crude Oil supports credibly we're going to see 71.50 near term.