INREUR trade ideas
EUR INR Level PracticeOm Namah Shivay
Eur Inr are in an wedge. Practice sheet for the next target.
Om Namah Shivay
Watch for bullish activity near long term channel EURINR Price is coming near a long term channel support also near horizontal support, can go long after watching activity near level for target of upper
channel boundary.
Eur/inr Down trend startedEur/inr sell activated Today.It is Keep rising from 78 for few months.Now trend is broken in 4h.i used daily chart for sl and tp.
Target 1 - 87.8
Target 2 - 86.5
good luck all.
Euro/INR UptrendCheck out the trend-line on daily and hourly chart. This is solely for educational purpose.
Bears Rising EURINR pair has entered bearish territory, one should go short with strict stop loss as mentioned in the charts.
macd crossover has happened and Stochastic showing loss of momentum, once 20 day EMA broken then huge gains possible
Disclaimer: I will not be responsible for the profits or the loss made by trader using my analysis.
Eurinr 4h. bear dive Eurinr suppose to break below and reach to level 83.50. Fib level confluences to 50% retrace upside.
Similar to Gbpinr idea also may work as well.
EURINR 4h. making lower low from 86.74We can expect another low to first impulse fib level 168%. High 86.74 and cmp 84.55 potential rejection can happen at that level it may even take quite sometime to break EQ and break below to reach 83.27.
Reason: Nothing happens as you think.
Potential H&S on the EurinrEurinr peak ath theres need to be a discounted price.
Reasons:
1. Strong divergence
2. uncompleted h&s
3. Every hour potential bearish till 84.30
EURINR Near to its strong resistance levelAs EURINR is near to its all time high, which also acts is strong resistance level. we can expect profit booking and a correction in price at these levels.
Diamond pattern in EURINRIn Euro INR the is formed bullish diamond pattern... it will hit the target as per chart...
