JPYINR Can be Bought as it has taken Support after Long Fall.
Double bottom forming Target 66₹ Bull run is starting from today Buy as much as you can Run up will start anytime soon
JPYINR is near about support it also take suport .It's about near chnage trend bcz after a long time JPYINR show bullish cnadle.
JPYINR short, target 0.63650, sudden fall possible, short. Don't enter in buying, it may huge loss. My personal view, your trade will be your responsibility
Break of downtrend channel Break of previous resistance area Area of resistance may act as a support now Risk to reward excellent
JPYINR 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.
JPYINR is resting at 200 week moving average (200WMA) on the weekly chart. The overall price action is bearish as the pair has been on a continuous downtrend since Nov'20. Will be interesting to see how the price behaves at this level. Bullish forces can take the price upward as 200WMA can be a good support while bearish forces can take the pair further down...
JPYINR started falling after the formation of double top @ .7175 level. It is in downtrend forming lower high and lower low. But If we analyze the current chart structure then we found double bottom chart pattern and bullish engulfing at second bottom. It is a good time for accumulation. If price sustain and go above 20 EMA then we can expect to touch or cross...
JPYINR is completing double Head & Shoulders pattern on the 4H chart. Break of this baseline would be highly bearish for the currency pair. Otherwise, if this line is held, we can see strong bullish action as well. Good time to wait and watch and take a trade when either side seems strong.
JPYINR 0.66893 has formed head and shoulder pattern before consolidating in a rising Chanel. During this week It is likely to give a breakdown from the Chanel. The target of the pattern would be 0.6653, about 40 paise below current price. It will not be valid above 0.6711 about 20 paise above the current level. Risk:Reward= 1:2 Disclaimer: This is not a...
This is just for educational Purpose. Can be bought since it is in Support.
FX_IDC:JPYINR Expecting Breakout Failure Buy on 0.6933/-
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.
Buy JPYINR At Cmp .71492, Strict SL - .685 (DCB) Target - .795