as per chart trend found break level 87.82 go down side
EuroInr Dec.22 take short position. level are 87.38 ... 87.023,.....86.69...
I have used Highest Time frame in order to Get the data in orderly manner or You can say an effort to recognize patterns in easiest way This shows all the basic rules of Elliott wave is met and also Meets the Guidelines Most often people ignore either rules or Guidelines, Kindly note this chart is 3 Month time frame so expect the down move of EURINR will...
EUR/INR Is starting new uptrend. 👀📈 Trending🔥 move is highly possible there. Trigger/Stop 81.
EURINR is making symmetrical triangle breakout pattern so if it break up side it moves upward wise versa downward also...
EURINR spot pair has formed inverted head and shoulders on the 2H chart. The currency pair is breaking out of that formation. We can wait for a retracement to enter long for a measured move target of 83.5.
FX_IDC:EURINR Bullish Divergence in RSI; neck line break plausible
The charts suggest downtrend of Indian rupees against US Dollar but strengthening against EURO. EURINR should be in short positions once gives closing below 84.1000. Targeting anything nearly 80₹ per EURO.
Reversal possibility in this situation so dont long position this time
I have made an efforts in Explaining how to forecast upcoming Patterns which are self repeating in itself Most dont understand wave theory including self claimed Wave theory experts Hope you have learnt something today Trade with your own Method of entry & Exit Good luck
Comparison between Running triangle-Leading and Ending Diagonals Chart 1 depicts a theoretical structure of Running triangle and an ending diagonal in a down trend. As mentioned the comparison is in a downtrend. Accordingly downward move is termed as directional move and move to the upside is termed as non-directional. A running triangle has non-directional...
Price action takes its own path. My duty is to predict all possible options and spot entry and exits to trade. What had happened overnight and what to expect further? Chart 1: Details the the options predicted in Update 15-EUR/INR Price action in incomplete wave had broke above wave A and had turned down with momentum greater than the incomplete wave. What does...
The pattern expecting in Chart 3 of Update 15-EUR/INR had not happened. Following chart explains it. Chart 1: It the pattern is to recognized as triangle then the wave E should have been a corrective to wave D which means that it should take more time to retrace wave D. However, in this case the price action labelled as wave E had retraced the complete wave D...
EURINR is on multi-year support and will rise from these levels
MACD Divergence and Double Top pattern have formed in EURINR