INRGBP trade ideas
GPBINR WEEKLY ANALYSIS |GPBINR WEEKLY ANALYSIS | DATE 15-11-2021 | Valid for 1 week
Please trade based on the Ichimoku levels and your buy/sell place should be on the market direction.
GBPINRGBPINR buy @100.5000 daily tf gbpinr gbpinr gbpinr gbpinr gbpinr gbpinr gbpinr gbpinr gbpinr gbpinr gbpinr gbpinr gbpinr gbpinr gbpinr gbpinr gbpinr gbpinr gbpinr gbpinr gbpinr gbpinr gbpinr gbpinr gbpinr gbpinr gbpinr gbpinr gbpinr gbpinr gbpinr gbpinr gbpinr gbpinr gbpinr gbpinr gbpinr gbpinr gbpinr
GPBINRGPBINR : Key levels marked stay focus on the lines and go for the trade in market direction - positive
Must Watch the way ShreeKrishna Makes Money I have made simple video in order to Explain making money is easy
Hope you will understand and act based on Proven Methods
Good luck
SHORT GBPINRShort GBPINR.
Targets and SL on Charts
Disclaimer: All Charts are for educational purpose. Please consult your financial advisor before investing.
GBPINR NEARING A MAJOR TRNEDLINEGBPINR IS NEARING A MAJOR DAY.WEEK LEVEL TRENDLINE. Need to watch closely for a big trade
GBPINRThis analysis show the bullish trend again in the GBPINR and this time it will go above the 104.0000 but wait for the some correction and after that book your position and stop loss will be 103 so wait for correction and set your position.
GBPINRThis trade line shows the bullish moment in GBPINR and if it will break the line then it will be go up to the 104 and above it and even RSI is showing a bullish pattern in it so wait for the right time and then go with the trend.
Huge move after consolidationGBPINR 1D TF
GBPINR has made a very nice structure after making a new high and has then corrected and has been consolidating since then
A HUGE move is about to come any time and a entry should be taken at whatever side breakout is given
It has been generating power since a long time now!
a new high may also seen if an upper break is seen!
Set SL at the opposite support!
Possible Pips-Depends
RR-Depends
Long Alternate to the linked ideaThis correction could be a triangle but the only suspect is Wave A of triangle with a 5 wave down move.
If this is a triangle, it shall mark the end of wave X and start of wave Z.
Wave X can be validated once the price moves above 104.7 and further above wave Y.
However this approach and the linked approach implies that GBPINR is to be traded long at present and adjust profit taking accordingly in future.
Long target 104.6Its an ABC correction and now its wave C at its start.
Wave A was swift and long.
Wave B was complex WXY correction ending with a triangle.
Wave C is also expected to be swift, targeting 104.6 approx by 13.07.2021 13:30 (Indian standard time)
Stop loss at 102.68
Caution: Look out for any reversal at the alert zone between 104.17-104.32. Break above this zone shall hit 104.6
Triangle spotted-Time to sellTriangle spotted after a bearish movement in GBPINR.
Chart depicts short entry zones are highlighted with targets
CUP & HANDLE formation for GBPINRGBPINR form cup and handle formation in 1 hr chart. As shown in the chart if it breaks the horizontal line it may erupt from there.
consolidation in a range in near termbase builded at 102.2418 with multi year resistance zone overhead. expect the pair to consolidate in the zone.
good for accumulaton.
GBPINR Bearish SetupGBPINR has consolidated a bit after the fall. A pullback was seen and the support perfectly became the new resistance.
Now a fresh short position below the trend line for the targets as mentioned along with stoploss.
GBPINR Bearish SetupThe chart seems to form a perfect M top with a clear diversion and as per the Steve Mauro setup it is expected to continue the bearish trend. GBPINR broke its trading range to make its new high and it is bound to be intervened as per fundamentals.
GBPINR Additional ViewThis is my additional view for GBPINR, checkout my initial call from 99 levels which also running.
A Single Day Close Above 103.41
& We'll See GBPINR Above 107
Strict SL - 99.2 (WCB)
Risk Reward - 1:1, 1:1.5
