JPYINR trade ideas
JPYINR Currency Trend Analysis & Trade Setup !!TREND ANALYSIS & TRADE SETUP
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
You can Comment and ask the TREND ANALYSIS of any STOCK/SCRIPT/INDEX/FOREX.
Wait for entry setup, if available then Long/short.
R:R is 8 to 12 times.
INRJPY on a nice short trading setupINRJPY on a nice short trading setup
Also confirmation from RSI bearish divergence.
JPYINR 4h time frame. thought process.JPYINR 4h time frame. channel toped. wait for a consolidation pattern to form. chances are that it will retrace 50% 61.8% fib level after a huge move. it might happen that if it create bull flag and channel brokeout too. that's why we have two conviction looking 4h rsi is at extremily overbought zone.
JPY INR short term BuyThe JPYINR pair seems to be in a daily corrective structure, however the final leg of correction to the upside is still in progress. Any possible pullback could be a short term buying opportunity. A retest of one of the two recent tops is likely.
JPYINR 21 FEB 2019FX_IDC:JPYINR
Making lower low on daily time frame on the Heikin aishi price charts and MACD histogram also showing support. We trade on the short side for the day with proper money management.
JPYINR 19 FEB 2019FX_IDC:JPYINR
The price got proper support yesterday and today again in green on daily time frame. We remain bullish and look for long trades in JPYINR. The ATR is falling which means that market movement will be shallow, so keep tight stop loss.
JPYINR 15 FEB2019FX_IDC:JPYINR
Today on the daily time frame the price has made higher high. MACD histogram also supporting the price action. Stay on the long side.
JPYINR 14 FEB 2019FX_IDC:JPYINR
The pair made lower low on HeikinAishi price chart on Daily timeframe. We maintain short position. On the 1 hour timeframe the price candle is green so maintain stop loss.
JPY INR - weakness coming in 1 Hour chartFX_IDC:JPYINR
JPYINR making lower low on daily chart. On the 1 Hour timeframe, MACD histogram and stoch has turned weak with second red candle for the day. Time to go short on JPYINR. Maintain stop loss.
JPYINR - Daily chart FX_IDC:JPYINR
Open in red on daily time frame. Will wait till it goes below 0.6468 (yesterday low) . Will trade only on short side on 1 hour charts.
INRJPY -Short Bearish divergence at peak and price rejection at multiple levels ,,breaking channel would be a gud sign ,gud to short if hourly candle closes below channel line in next 1-2 trading sessions.
JPY INR ZONE ANALYSISGOING LONG AT DDZ IS RISKY AS PRICE IS UNDER WEEKLY SZ .
WAIT FOR FORMATION OF NEW DSZ
JPYINR AnalysisFX_IDC:JPYINR
Sell JPYINR upon breaking below the support.
Stop loss shall be recent high
Target is as shown in chart.
