Wow!- Turned as expected from 79-81- gave goosebumps in 2016. What Next After Good Times@79-81 In Weekly Chart- From lows@80.79- travelled to 86.89 in minor wave-1 & retraced 61.8% at 82.99 in minor wave-2. Heading Next Intraday for 85 above 84.31-if sustains & long term next target zone will be 92-93 where it travels 161.8% of minor wave-1. This is how we...
Good to sell below 83.8257, Resistance would be 83.9929, supports will be 83.6090, 83.2724.
Weekly Candle Looks Amazing- I love Green Colors- Do You Love it?
GBPINR the pair has lost almost 15% value since brexit and has been under pressure, the pair is now looking strong and gradually trading higher high, it is trading on symmetrical triangle resistance and there may be breakout at this point. traders may enter long in this pair if breakout 84.90 with a target of 86.35 in near term or if breakout doesn't occurs it...
Well Pound Rupee has been beaten badly since brexit in June 2016. Its heading close to the prior swing low in the zone 79-81 -likely it could halt in that zone where it is retracing 61.8% of the rally from 64.76 lows to 105.69. An A-B-C correction is almost done, but not confirmed -we are looking for market to give us a confirmation which will be on firm foot once...
79-81 is sweet spot or could become reversal zone but need price confirmation so we will wait for the green signal from the markets.