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.
GBPINR trade ideas
When you take profits You enter a trade and it is going in your favor, the profits are looking so attractive that you decide to make an exception in your trading strategy and close the position and cash the profits. Wow.. and then what happens!! You are out of the market, the trade is still going in your favor, and you are just calculating that you could have made so much more as now it is too late to enter the trade at this price. But voilà.. the human mind has an answer.. let's trade again and enter the market.. and you enter the same trade again but the markets have a different outcome planned this time, the steam is over and the trade is not going with that much force as earlier and is turning negative on you. So you take a heavy breath and get out of it after waiting and end up losing all your gains of that day. Lesson learned- you cannot change your trading strategy in the middle.. just keep changing your stop loss and don't get greedy.. aim is to win the trade.. the more trades you win, the more you will make.
GBPINR 12 Feb 2019FX_IDC:GBPINR
Daily charts price action support short side trades. Went short on the 1 hour candle with stop loss at previous candle high.
GBPINR - short FX_IDC:GBPINR
Daily price chart showing weakness. MACD and Stoch supporting the price action signal. Hone short with the days high as stop loss.
BUY GBPINRFX_IDC:GBPINR
Price action has made a higher low and uptrend shall be confirmed with a higher high by breaking above the 95.3.
Enter long with a candle closure above 95.3.
Stop loss: Previous low.
Target: As show in chart.
GBPINR correction betGBPINR correction bet short below low of day's candle and SL as high of candle.
Note: This value does not match that of the futures present on NSE. Use the respective high and low of NSE futures.
GBPINR - Explosive Move 80 - 95 & More Above 105.7021:33 Hrs 24th Sep 2018
Last Price@95.46
Pulling My First Idea on GBPINR which was published in Oct 2016. Charts speak much better. Once it starts moving above 105.70 - More on upside
Oct 2016 Published Idea - Good Times Ahead from 79-81 Zone
GBPINR: STRONG SELL @ 89.80 SL @ 90.20 T1 @ 88.45 T2 @ 87.1690GBPINR formed INVERTED H&S confirming a SELL in counter at 89.80 with Stop-loss of 90.20 and Target 1 at 88.45 and Target2 @ 87.1690.
Trader's Queries - GBPINRPrice action has taken support at 91.20 - 91.25 level. Immediate resistance is seen at 91.5. On sustaining this price will move towards 91.65 and 91.8
GBPINR: Buy Above 90.6, SL:88 T1:92.45, T2:94, T3:96.45GBPINR is above Ichimoku Kumo and price action heading above Tenkan/Kijun signifying a BUY ONLY ABOVE 90.60 with Stop-loss of 88 and Target1 at 92.45, Target2@94 and Target3@96.45
GBPINR- Bucket's Full, now ready to eruptClassical cup-saucer pattern completed with fresh buyers initiating long positions. Next resistance - 91.5
GBPINR - HNS - BREAKOUTGBPINR has already broken HNS good to buy near 86.50 - 86.60 zone.....
Stop will come 86.20 and tgt should be higher 2rs. 88.50....
NOT A CERTIFIED SEBI ANALYST. PLEASE TAKE FINANCIAL ADVISOR HELP BEFORE INVESTING.
DOWNTREND TO CONTINUE GBPINR will crash further to 68 level in next 2 years is my big prediction.
DISCLOSURE: I DO NOT HAVE ANY POSITIONS IN GBP/INR CURRENCY PAIR.
DISCLAIMER: IT IS SIMPLY MY PERSONAL VIEW AND I DO NOT TAKE RESPONSIBILITY OF ANY LOSSES INCURRED(IF ANY) BY ACTING ON ABOVE INFORMATION.
