GBPINR Rising TrendONe can BUY GBPINR @88.50-88.57 Target levels at 90.70 with the Support Level at 86.54 Longby UnknownUnicorn35030852
GBPINR - Downward Wedge Pattern - Target 94There is a formation of the downward wedge in a weekly time frame chart and the pair is poised to breach major resistance 89. It will achieve the first target 91 provided the pair gives closing above the aforementioned resistance. Moreover, the bulls will force the pair to hit the second target 94. On the contrary, it could run out of steam and might get first support at 84, and a subsequent increase in selling pressure may force the pair to achieve second support at 79. Longby gurjot_galwatti4
GBPINR 4h time frame, weekly thought process.Commentary: GBPINR 4h time frame. bear flag got reject and brokeout to upside. facing strong resistance zone at 85.1537. following weekly time frame gbpinr formed h&s and still remain in bear trend. Upcoming week thought process: gbpinr is in bear trend and gave a pullback facing 85.1537 strong resistance following another resistance at 86.6605. projecting prediction it might form an inverse h&s on the 4h time frame or it might get rejected from current resistnce level. all we can gaug watching rsi level, we have to look for bear or bull divergence at overbought/sell zone. wait for a price consolidation and breakeout from that white box either side targeting upside 86, 86.6605 and dowinside 84.20, 82.50. I'll keep updating throughtout the week as price react.by IlikethehellUpdated 1
GBPINR Formed H&S on the weekly time frame.GBPINR formed H&S on the weekly time frame. Also pattern got activated, interesting to see if this H&S really plays out. cpm-85.8103 to 77.2491 it will take atleast five months to travel this price on target.by Ilikethehell4
SHORT THE BRITISH POUNDGave a beautiful breakdown from the Head & Shoulder pattern. Possible TARGET = 83.6000 FX_IDC:GBPINRShortby bhagat1090
GBPINR will give breakout and reached 89.9450GBPINR formed a Triangle Pattern. There is High Possibility for a breakout on the upper side. GBPINR taking support at 87.50 -88.00 for the last 4 months. Longby SwingOptionTrading0
Possible UpsideLooking at the 240 on this pair, I am guessing we are in a complex corrective pattern. If this is true, then the next leg could be upwards to finish the C wave which is part of the higher degree B wave. Thats the bigger picture from what I see.Longby Divergensity662
Next move- UPGBPINR possibly is in a 240 consolidation and it looks like the B of the ABC is done. The next move could be upwards, to finish the C and thus finishing the entire corrective structure. I would like to look for Buy setups in the near term. The Sell may not go too far down but my view is that the risk reward looks favourable for Buy's. Longby Divergensity0
Two famous Chart Patterns (GBPINR)Patterns and levels are mentioned in the chart. Purely for educational purpose.Educationby Jeevan_Shetty112
GBPINR 05MAR2019FX_IDC:GBPINR Posting after a while as I was studying RENKO charts. Very beautiful charts but very difficult as they only take price action to calculate, so one RENKO box may get completed in a day whereas the next one may take a week and sometimes 2 or 3 RENKO boxes in day. Have taken a short trade based on RENKO chart and SAR and MACD signal.Shortby gnarang0
GBPINR 14 FEB 2019FX_IDC:GBPINR The Pair has not made lower low on Heikin Aishi price charts. On the 1 Hour chart, it is made a green candle with MACD histogram rising and Stoch also giving buy signal. So wait and watch for buy signal.Longby gnarang0