It would be really interesting if GBPINR moves It would be really interesting if GBPINR moves in this parabolic circle. 93.59 is the zone to decide which way. 94.95 and 96.13 basically will be round up level. by Ilikethehell0
Possible cup and handle ? Hi All, This is my first technical analysis. Please bear with me if my understanding is incorrect. I can see 2 patterns in this chart. 1) Possible cup and handle pattern from 10th March to 12th Apr. Top of the cup (94.93) has been tested multiple times and breakout on 13th April. Moved upward and retesting the now support line (94.93), If this moves upward from this support, possible target is depth of the cup. 2) Swing high (SH) made lower. First SH on 9th March and second on 1st April. Trendline drawn. Breakout on 9th Apr. Bullish. Target for this is distance between trendline and lowest point (close to 86.0335). In both these cases, target comes close to 103.5 to 104.5. This is purely for my educational purpose. Please don't risk your investments based on this.Longby KeepTradeSimple1
There are two scenarios on GBPINR 4h time frame.High 97.7764 and low 86.0067 in between there's a huge margin gape. In the four-hour time frame, there's a small H&S formed. Price 94.7263 has been rejected to the upside. Keeping in mind last week's mid-price is 90.8238. Conclusion: I'm looking for a price target 90.8238 as the downside and if price holds above 90.82 then possibly bullish again and 97.77 would look for price target. Reasons: 1. 94.72 price rejected to the upside. 2. Bullish structure is broken. 3. There's a small H&S pattern formed in 4h time frame. 4. There's weekly mid-price available at 90.8238. by IlikethehellUpdated 2
GBPINR SHORT OPPURTUNITY !!!Price chart forms ascending triangle formation . very good oppurtunity for indian forex traders. ;-)Shortby goglelink10910
Gbpinr 4h. Target 94.0000 Gbpinr pushing with double bottom. In Next two days 94 target by Ilikethehell0
sell @ cmp as per chart with stoploss @92.50sell @ cmp as per chart with stoploss @92.50by moneymarket67820
GBPINR to new highsPound has break all its resistance levels by making a bottom at the 83.35 levels. And within a month it has given an incredible returns of up to 10%. Now it is again try to test its major resistance levels which can lead it to another highs of 94.80-95 levels. So, Buying Levels if it crosses Rs. 92.50 Levels. For the TG: 94.85 levels With the SL: 90.14 Levels.Longby UnknownUnicorn3503085Updated 220
GBP vs INR predictionLooking at the chart pattern & macro factors like Brexit status, it seems GBP may get more value until end of Dec 2019 Target around 95 to 95.50Longby p4praty0
GBPINR ShortFX_IDC:GBPINR Short with stop loss and target as shown above Shortby Hari-Ram-KumarUpdated 1
GBPINR rising wedge breakdown confirmed, selling to followThe pair was moving in a steep rising wedge pattern from the past 1.5 months. GBPINR, in the previous session, gave a daily close below the lower trend line of the wedge pattern, confirming a breakdown. In doing so, the pair also breached crucial support of 21 days EMA (88.1609). Now, it is susceptible to heavy selling that can take the price to 86.5692. The stop loss for the trade will be slightly above yesterday’s high at 88.9253.Shortby forexnoobmaster007Updated 0
GBPINR Trade Setup !!TREND ANALYSIS 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 good.Longby MohitAroraUpdated 2