WE NEED HAVE CLOSED BELOW THE RESISTANCE ZONE BUT TO STAY EXTRA CAREFUL WE NEED TO CLOSE BELOW THE 477.20 ZONE ENTRY 477.20 STOPS 502.05
FAILED OUR PREV SETUP NOW LETS GET A NEW ONE STOPLOSS 2109 TARGET 2069
CURRENTLY EVERYONE IS WONDERING WHERE RUPEE WILL HEAD NEXT? AS A TRADER I DID MY BEST TO PREDCICT THE NEXT MOVE WHILE KEEPING IT SIMPLE SO EVERYONE CAN UNDERSTAND BY USING PRICE ACTION. SO WHAT NEXT FOR RUPEE? WE HAVE SEEN RUPEE TAKING BEATING MASSIVELY AND DICLINING TO ALL TIME LOWS NOW WE ARE SEEING A STRUCTURE OF VALUE AT THE ZONE 70.7300 WHICH IS A...
BUY ABOVE 936 SELL BELOW 912 REASON PRICE FOUND A RESISTANCE NEAR 914 ZONE THEN BROKE OUT OF IT AND NOW IS ATTEMPTING A RETEST OF THE STRUCTURE BIAS IS BULLISH BUT IF CLOSES BELOW IM SHORT ON THIS ONE
CURRENTLY BROKE OUT OF THE RANGE FORMING A ANOTHER ONE ABOVE IT NOW ATTEMPTING TO RETEST IT WE HAVE TO WATCH IS IT GONNA BE A RETEST OR A BREAK
RIPPLE AND ICHIMOKU CLOUD CONFUCUENCE TRADE I.E CROSS OVER TO THE UPSIDE AFTER A STRONG DOWNTREND IS ALMOST 100% SURE TO GIVE YOU HUGE MOVES SCROLL THE CHART TO SEE ,NOW WE ARE IN A STRONG DOWTREND FOR A WHILE AND THE CLOUD IS RED TOO FOR A SIGN TO BUY THE XRP WE HAVE TO CLOSE ABOVE THE CLOUD IN A CANDLESTICK CHART SO WE CAN GO IN THE TRAD E NOW LETS PLAY THE PAITENCE GAME
WE ARE SEEING A BREAKOUT OF THE STRUCTURE AND THEN A RETEST OF THE ZONE FOR LONGS BUY ABOVE 752.25 FOR SHORTS SELL WHEN THE BAR CLOSES BELOW THE ZONE
CHANNEL IS BROKEN AND THE BEARS HAVE TAKEN OVER I MAY WAIT FOR RETEST OF THE TRENDLINE FOR BETTER R:R
WERE SEEING A GREAT BIG BAR TO THE DOWNSIDE WE NEED A BOUNCE BAR TO CLOSE ABOVE THE ZONE IF IT DOES THEN AND ONLY THEN PLACE ENTRY ABOVE IT ON THE OTHER HAND IF WE FAILD TO CLOSE ABOVE THE ZONE WE CAN ENTER SHORT ON THE REBOUND
WE CAN SEE HERE WE HAVE AN UPTREND AND AT THE CORRECTION WAVE WE HAVE FORMED A FLAG PATTERN WHICH NEEDS TO BE BROKEN TO THE UPSIDE FOR LONGS HIGHER HIGH HIGHER CLOSE CANDLES/BARS FORMATION IS NEEDED ON LOWER TF FOR CONFIRMATION
COMING FROM A DOWNTREND NOT THAT STRONG GOT REJECTED BY OUR PREV. MENTIONED ZONE AND BOUNCED BACK UP NOW WE ARE SEEING A CHANNEL FORMATION WHICH IS LOOKING GOOD FOR A LONG FOR TOMMOROW ABOVE 385
WE CAN SEE THAT ITS BEEN IN A CHANNEL FOR A , WHILE REMAINING IN A CHANNEL FOR A VERY LONG TIME WE HAVENT SEEN MUCH RETRACEMENT ALSO CURRENTLY ITS BEEN OVERSOLD FOR A WHILE THE NEXT STRUCTURE/RETRACEMENT ZONE MIGHT BE AT THE ZONE 12000 ALSO ITS A PSYCOLIGICAL NUMBER SO WE MIGHT SAY THE ZONE MAY BRING A LITTLE RETRACEMENT
IT WAS IN A RECTANGLE/RANGE NOW THAT IT HAS BEEN BROKEN WE MAY COME DOWN FOR A RETEST AND THEN TREND SHOULD CONTINUE TO THE UPSIDE
ON M&M CHART YOU CAN SEE ITS BEEN IN A STRONG UPTRENDING CHANNEL FOR A WHILE NOW WE HAVE BROKEN OUT OF IT AND ITS CLEAR THAT THE TREND WILL REVERSE BUT BEFORE ENTERING WE NEED TO BREAK THE 981 ZONE AND CLOSE BELOW IT
CURRENLY ABOVE SITTING A INTRESTING STRUCTURE AND 50% FIB LEVEL CONFULUENCE AND NEEDS A BREAKOUT TO THE DOWNSIDE FOR SHORTS
GOING SHORT IF WE SEE BEARISH EVIDENCE ON LOWER TIMEFRAME I.E LOWER LOWS LOWER CLOSE BARS/CANDLES WILL GO LONG IF WE SEE OPPOSITE
HINDUNILIVER IS HEADING TOWARDS A INTRESTING ZONE SO IF IT GIVES US A CLEAR BOUNCE WE'RE GOING LONG BUT IF WE GET A CLEAN CLOSE BELOW WE CAN GO SHORT