EURINR - Formation of chart patternFormation of ........ Chart Pattern.
Choose the appropriate one?
1. Inverted Head and Shoulder
2. Head and Shoulder
3. Head and Shoulder Top
4. Bullish Head and Shoulder
Key stats
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EURO INR LONGOn observing hourly candle and fifteen minute candles, EURO seems more stronger until it breaks level of 87.1138. Immediate target is around 87.4127.
This only for education purpose only.
Rising wedge in EURINREuro to Indian Rupee pair (EURINR ) has been forming rising wedge for some time on the Daily time frame. This is also supported by fall in momentum as shown in the RSI.
The pair has rejected bulls for last few days. Conditions look ripe for a fall in price toward wedge target zone of 86.8 on the EUR
euroinr in dec. take short positionEuroInr Dec.22 take short position.
level are 87.38 ... 87.023,.....86.69...
Learn with Shreekrishna, Mastering the Art of Patterns 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 cha
Trading Opportunity.EUR/INR Is starting new uptrend. 👀📈
Trending🔥 move is highly possible there.
Trigger/Stop 81.
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