Hello Friends Here we had shared possible Elliott wave counts on chart of USDINR, which is clearly showing that on bigger scale we are in 5th wave of some higher degree, in which we had finished wave (1)-(2)-(3) and currently we are in either in wave (4) or in wave 2 of wave (5). Also both scenarios are discussed in this video post, you can go through this video...
XAUUSD in daily time frame couldn't break the level 1981.71 to confirm the raising wedge breakout pattern. Meanwhile gold is in symmetric triangle in 4H time frame, wait for its breakout. Anybody planning to take trades in time frames lower than 4H, trade within the range of symmetric triangle till the breakout happens.
I have made efforts in explaining how we can come to conclusions based on the method we know i have also made efforts in explaining there is no shortcut for any methods , every time you want to trade live you must carry out the method you follow and you must follow the rules and guidelines for the same If you have any Questions then let me know thanks
USDINR possible and aligned Elliott wave structure of multi time frames from monthly to hourly. Monthly chart Weekly chart Daily chart 4 Hourly chart 1 Hourly chart Most investors treat trading as a hobby because they have a full-time job doing something else. However, If you treat trading like a business, it will pay you like a business. If you...
Simple analysis using Price Action and 21 MA. It is only for educational purposes.
#USDINR FX_IDC:USDINR . Move prediction for next 1 year. Very interesting double Wolfe waves formed and indicating a possible downside movement. Couple of strong supply zones ahead matching with the Fibonacci ratios.
Key Zone - 72.50 / 73.00 Holding The Key Zone - Expect Upside - 74.00 / Strictly Above 74.00 for 75.00-75.20 Falling Below 72.50 / 73.00 Downside Key levels - 70.70 / Falling strictly below 70.70 for 68.00-68.30 ------------------------------------------------------------------------------------------------------------------------ Last USDINR Idea -...
Trading Strategies Plan A - Risky Traders Buy with strict stops below 70.35 for 72.25 Buy above 72.50 for 74.50 Buy above 74.50 for 75.50-76 handle Plan B- Safe Traders (Post Pattern Breakout on upside) Buy only above 72.25 for 74.50 & above targets as mentioned in Plan A Note - If USDINR moves in desired direction as expected upside holding...
Education & Trading Idea ------------------------------------------------------------------------------------------------------------------------------------------ Mankading Controversial Strategy Mankading has been discussed which is used at times to score a plus against your opponent and compared with similar box kind of strategy used in real time...