These are continuation trend pattern that are found frequently in the markets. I wanted to cover it and share it with you as I found some good charts during my research that are forming such patterns. One of them is Aban offshore, chart link attested below. (I have also provided some examples given in comments box below for your references and goodself.)
There ...
SPOT 77.74, at higher from last Feb 2016, this level comes 3 times from last 3 years .. Dec 2014, Aug 2015 and feb 2016, now it's again at 77.74, high at 77.80-90, if market holds 76.96 to 77.04 then expecting to go higher 78.50, then 79.80-95..in coming weeks. on the other hand i'm also suggest to book at least 50% exposer at this point only to exporters for ...
EUR INR open at 71.83, spot 71.95, support for the day 71.80, if break 71.80-78,( not the false break), then test 70.78.80, if not then higher up to 73.60 in coming sessions, higher possibility to go higher, but still wail for right price action
EUR INR open at 71.97-98 spot 72.06, overall market is in up trend there is no signal of buy if market break 72.10, then go higher 72.24, 72.24-32 no trade zone , then if break 72.32-34 reach 72.50-52 then 72.72 then 73
EUR INR open 72.13, spot 72.24, support 71.93, resistance 72.38-40, market is moving between the triangle, in the coming sessions if market breaks 71.80-78 then it will come down to 70.80, and if market above 72.38-40 then go higher 1st target 73.04 second target 73.50-52
EUR INR open at 72.16, now there is no clear direction if market break 72.10-12, may go lower , and if market breaks 72.20-24 then go higher 72.32 then 72.50
EUR INR open at 72.64, spot 72.50-52, i'm not expected to go down this more moving currently near support, expected to go up up 72.80-82, and if market breaks 72.48, then it would enter no trade zone from 72.48 ti 72.36
Eur INR open at 72.57, spot 72.47, market try to forming potentially double top if market break 72.42-40 then reverse back to 72.44, it would be confirm and reverse down up to 72.34-30
EUR INR open at 72.22, spot 72.13, currently there is no clear direction if market breaks 72.10-09, may test 72.02, and if market holds above 72.18, go higher upto 72.50
EUR INR open 74.78, spot 71.93, go higher up to 72.78(23.6 fibo level), and lower 71.78( 38.2 fibo level ), expected to go lower 71.82, currently in down trend, but there is strong bullish flag
EURINR , market open at 72.17, spot 72.18, at this point their is possibility for bulls and bears both, if market breaks 72.15, then expected to down up to 71.92-93, and if not broke 72.18-20, will go higher up to 72.50-52
EUR INR, market open at 71.91, forming series of lower high, and forming a bullish triangle expected to go higher up to 72.20 and if breaks 71.87, may be down up to 71.60
EURO / INR heating towards a BAT PATTERN in DAILY Chart,and in addition with ABCD completion at 72.6969 on the confluence of 0.886 FIB retracement at the same area.
So SELL @ 72.6969 with SL of 74.0559 for TARGET 1 70.9388 and TARGET 2 69.8229
EUR INR, from last on month market is on higher side today market open at 70.31, still market in on higher side, it's expected market will test 70.48-52, in coming next 3 hours and next resistance 70.62, and support for the day is 70.31, i'm not expecting on down side today
EUR INR currently market traded at 70.44, friday market
close at 70.73, today market open higher at 70.86 and from
it's on down side, no trade zone between 70.45-36, support
for the day is 70.32, resistance 70.63, 70.68, 70.95, after
testing 70.36-38, go back to 70.54-55---AVRJ---INFI FOREX
