#USDINR This is a very profitable trade. Will take great support which can be great for a smaller time frame.
INRUSD trade ideas
USDINR can be shorted for swing low with stop loss as resistanceUSDINR can be shorted for swing low with stop loss as resistance
USD-INR -Symmetric TriangleUSDINR :
Symmetric Triangle, currently at strong resistance.
Might breakout if upper level is broken, keep a watch
USD INR rally statusWill USD INR continue the uptrend.?
Clear divergence in RSI says NO.
It is also trading at the upper end of the rising channel.
Lets watch watch what happens at the current resistance of 83.
If USD makes top we can see rally in Nifty.
RUPEE analysisIndian rupee looks too weak and is getting ready for another fall against US DOLLAR , another 2-3% depreciation can be seen in Rupee in coming days , confirmation is below level of 0.01207 (above 83rupees)
USDINR Strong setupsupport now for USDINR @ 82.35-82.20 zone
while resistance is now at 83.025-83.075 which if breaks, a sharp upmove could take place
The 2000 Withdrawal Rally 1$ = 85 INR ???USD INR chart seems to be ready for a rally.
Breakout from the Symmetrical Triangle.
Can we see 85 ?
LongThis is for demonstration and educational purpose only. This is not buying or selling recommendations.
USDINR - bearish bias USDINR has taken nice resistance of the upper trend line. And selling pressure is building up since morning.
Short term trade is to trade till lower line.
To some one who wants to play for longer view may add shorts at each peak done like today. Once it starts trending lower trendline, down rally may start after a retest.
Smart think to do will be add after first breakown below lower trendline retest.
This will test a lot of patience.
User Discretion - any drastic news from Gov may drive prices crazy
USDINR 1DTF wait for breakout or reversalUsdinr 1day time frame
It may breakout from the resistance or we should watch for reversal
Long USDINR here for 83 and beyond
consolidation at its last leg
USD seems to be turning up
Nice bullish consolidation structure after a rally. can be easy INR 2 rs trade here.
USDINR go downside on 18 May 23 short Hello ,
today 18 may 23 USDINR may short for strong support 82.3450 & goes to 82.31 ,82.27.82.24
Usdinr daily Analysis 16 May 23 Hello, today 16 May 23 UsdInr have next Support 82.2675 ,82.1725, next resistance 82.2750 82.3075
USDINR mark up phaseUSDINR mark up phase 1h TF cycles
we have formed a nice W pattern after a mark down cycle + divergence on daily TF + green vectors at the lows
USDINRThis is for demonstration and educational purpose only. This is not buying or selling recommendations.
Short time target may be @ 81.40
USDINR DAILY ANALYSIS 4 MAY 23USDINR DAILY ANALYSIS 4 MAY 23 SHORT SETUP.
usdinr may goes down side, now usdinr 81.7975, on 4 may23 its goes down still 81.6400 is strong support.
USDINR is looking bearishInitial targets of USDINR on breakdown in dollar. High volatility can be expected - pyramiding will be best approach
Use Discretion!
XAUUSD | Symmetric triangleXAUUSD 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.
USD INRInteresting formation on weekly
Higher side Breakout negative for Indian markets
Lower side breakdown needed for Nifty 50 all time high
USDINR TREND ANALYSES - 18/4/2023Date of Analyses on 18/4/2023
Both Day and 4 Hrs indicators are showing bullish
Trend Moving in F&G Pattern
* In Both Time Frame price are near at resistance trend line.
* There is strong Bearish Mother Candle.
Below are the thinks has to happen to be strongly bullish
*Big Bearish Mother Candle high has to eaten by bullish candle with supportive one
*Both TF angular trend line has to break out
*In 4hrs TF, UBB are suppose to be challenged.
If these happens we can expect strong bullish trend.
The Candle with breaks the trend, the bottom of the candle will be the SL
Target can be F&P angular TL.
