#INRJPYMaruti Getting ready for a swift ride!
Candle trespassing with TinyIC
TinyIC Range 1.4465 - 1.4525 crossing move decides
Bias: Up side with Candle Shunting
INRJPY trade ideas
POSITIONAL BUY JPYINR FOR SHORT TERM.JPYINR Is moving in a Ascending Triangle Pattern, which is bullish continuation pattern with strong conviction. Above the Flat Horizontal Trend line breakout, price will move upside for the good TGT.
Long JPYINRThe chart is clear with the Tenken-Kijun Sen crossover. Kijun is moving down but it will recover from Monday onwards. JPYINR is in between it's resistance and support zone hopefully it should touch resistance zone 70.50-71. The call is low bullish call but worth taking risk. Stoploss can be taken a buffer below kijun.
Thank you Trading View and my followers and visitors. This post does not fulfill guarentee of profit, loss may also be possible. The trader may follow my post on his/her own will.
JPYINR heading up in a rally the years to come#JPYINR #Elliottwave Long term wave counts indicate bullish move in the years ahead, the final wave means #Rupee depreciation in the years ahead. Short term counts will also be published on this handle soon
BUY JPYINR CONFLUENCE SETUPJPYINR is currently trading near a very strong support zone of 0.6980. The 100 days EMA , the golden fibonacci ratio of 61% and the trend line has supported the price on multiple occasions previously and now again the prices have come near the support zone . So if history is any guide, then we can expect an upmove from this level for the targets of 0.7145 which is also approx 78% fibonacci level and has acted as a major resistance previously.
As far as the SL is considered than, put it right below the support level i.e 0.6980, you can adjust it depending upon your risk appetite. However, i won't suggest you to do so. Also, it's a very good RR trade so make sure to grab it.
JPYINRJPYINR pair is on the verge of the Symmetrical Triangle break out. Break above the resistance line can take the pair towards 72.5-73. Respect of the resistance can make the pair move downwards.
Jpyinr 4h. After a pullback to 71then drop bellow today's low to 68.50 noted.
Reasons:
1. Rsi divergence
2. Price closing lower low
3. Price following a downward slope parallel channel
4. There's a 50 and 618% retracement at 70.80
Wave AnalysisJPYINR 1D VIEW, FX_IDC:JPYINR
LONG VIEW, JPYINR almost retraced till 61.8% Fibo level.
We are still in the 5 wave structure, which subdivides 5 waves inside.
JPYINR 4H. looking clean for a short setupJPYINR 4H. looking clean for a short setup.
Reason:
1. I'm already in.
JPYINR Short setupEverything important is mentioned on the chart. Thank you.
Also thank you a lot for your love and support in the previous idea -
Regards,
Kalpana
JPYINR Short Pls check the chart, its simple and understandable.
Wait for the Support to break and then decide whether to Short or Long.
JPYINR 4h time frame, Target 67 and 65 April month expiry.JPYINR rolling in a falling trend channel and created a small H&S in the 4h time frame.
Target 67 and 65 till April month expiry.
Reasons:
1. JPYINR rolling through a falling trend channel.
2. Price created a small H&S in the 4h time frame.
3. Indian Equity market doing nice recently.
