Get started

IDR

USDIDR Buy On WeaknessThis chart shows the USD/IDR pair (U.S. Dollar/Indonesian Rupiah) on a weekly timeframe. Below is the analysis based on the visible trend lines, price action, and channels: 1. Ascending Channel: The chart illustrates a clear upward channel that has been maintained since 2017, suggesting a long-term bullish trend in the USDIDR pair. The price has bounced from the lower bound of the channel, which indicates that the support line around the 15,200 region is holding well. 2. Support and Resistance: Support: The price is currently hovering around 15,459. The nearest strong support zone is at 15,200 as it coincides with both historical price levels and the lower bound of the upward channel. Resistance: There are several resistance levels ahead: 16,400 (the dotted line): This seems to be a mid-level resistance line within the channel. 16,600: This appears to be the next major resistance, as indicated by the chart and could represent a key decision zone. 3. Possible Future Movement: The chart suggests a bullish bias in the future, as indicated by the projected zigzag path. The price is expected to bounce between resistance and support lines before possibly reaching towards the upper boundary of the channel near 16,600. Short-term correction: Before further bullish movement, the price might dip slightly towards the 15,400 or 15,200 support levels. 4. Long-Term Outlook: The price trend continues to suggest an upward movement in the long term, as the channel is clearly moving upwards. A breakout above the 16,400–16,600 resistance zone could accelerate the USDIDR towards new highs. Conclusion : Bullish Outlook: The USDIDR seems to be in a long-term bullish channel. After potentially testing support at 15,200, the price may resume its upward trajectory, targeting 16,400 and possibly 16,600 in the coming months.
Long
by YogaID
1
Trade Like A Sniper - Episode 41 - USDIDR - (13th June 2024)This video is part of a video series where I backtest a specific asset using the TradingView Replay function, and perform a top-down analysis using ICT's Concepts in order to frame ONE high-probability setup. I choose a random point of time to replay, and begin to work my way down the timeframes. Trading like a sniper is not about entries with no drawdown. It is about careful planning, discipline, and taking your shot at the right time in the best of conditions. A couple of things to note: - I cannot see news events. - I cannot change timeframes without affecting my bias due to higher-timeframe candles revealing its entire range. - I cannot go to a very low timeframe due to the limit in amount of replayed candlesticks In this session I will be analyzing USDIDR, starting from the 3-Month chart. If you want to learn more, check out my TradingView profile.
by Road_2_Funded
BOJ action!!!!12/19/22 - 12/20/22 This was a wild evening session that rolled into a great trading day if you played it right. There was multiple entries up and down. As you can see from the prior day session there was a 1H Order Block and as soon as price ran into it I sold some ES for a potential down side play. With a little luck the BOJ dropped some wild news that they would basically let rates rise if needed. There was a wild reaction in the markets and it dumped hard. That was sheer luck. Then coming into the New York Day action I noticed a 5m FVG form in the pre market overnight. As the market opened Price ran into that FVG and I risked some buys to take it to the Equal High from the prior day session, and it did just that. As soon as it cleared the Equal Highs I figured there would probably be a pull back off that Buy side liquidity. Sold some ES and drew out my FIB aiming for a pullback below the 50% and possibly into the Golden Pocket. Almost perfectly it wicked off the Golden Pocket. At this point my bias was still bullish simply because the Bullish DR/IDR. So I then went back in with buys hoping for the High of day, and boom took the HOD out and I was out and done for the day. I figured there was a good chance it would keep running but at that point I had no levels and already had a successful day.
CME_MINI:ES1!
by BeanInvests
PT.Garuda Indonesia,Tbk (GIIA) EW+Fibo Stock Analysishello guys, i'm here to descride how GIIA stock will go afterward,all the indicators in 4h,1D,1W timeframe is showing very very overbought sign within huge volume in present days. if you see in 1M timeframe,it's also making a higher low, again. i think today price will being the big 5th waves of it within closed above 0.618 golden ratio, pulled from 2016 all time high, despite the fundamentals of Q3-2018 GIIA revenue which showing a good signs. maybe it will go in ABC correction within upcoming months. just education purposes only.tab likes if this helpful :)
GLong
by UnknownUnicorn2803452
USD / IDR time for a correction - because everything correctsThis is 100% technical analysis and 0% fundamental analyis. I would like to see for myself if TA can stand on its own. By my count there is some strong bearish divergence shown on the RSI. Three higher highs have translated to lower highs on the RSI, indicating slowing momentum. When that slowing momentum is also coincident with what seems to be (I only spent 5 mins on it) wave 5 of 5. Since this is the first time I have looked up the currency pair on a technical chart it would be unlikely that I did so "at the top" but right now it is a plausible scenaro. Saying that I would normally expect wave 5 to at least reach the top of the channel, and of course, normally top the wave 3 high as well. However, it seems a real posibility that it will fall short. The IDR has been weakening for years and a correction may be warranted - especially if the USD loses strength. What will happen now is the start of a small correction (to start with to the lower trend line) but keep an eye on signs that the correction may be steeper or deeper. If the lower trend-line is broken with momentum and volume I would stay in the short trade. Because wave 5 (if it turns out to be the wave 5 top) is truncated (lower) it would indicate there is significant downward pressure and the correction could be swift. My other scenario is a lot more bullish; that this is just sub-wave 1 of the larger degree 5th wave up. This would mean all time highs for IDR in a year or two. I am not "trading" IDR but keeping an eye on it. I don't trade FOREX - mainly commodities like bitcoin, silver, gold, and crude. This is published for my own education. Comments welcome. Let's see how it turns out.
Short
by flyinkiwi10
2
Further IDR Depreciation?This has been a tough one to make a prediction because it is at the same level during the crisis in 1998, but notice it is the new normal for Rupiah, even though nominal term seems horrifying, but in terms of percentage it is tamer than of that in 1998, 2008/2009 and 2015. Looking at the 3 flags pattern there are probability that IDR may hit 15k in the near term. The low inflation in Indonesia (2.88% in September 2018) will hopefully control the IDR movement against the USD because considering a higher real yield from IDR bonds will invite foreign investors to buy in and creating a higher demand for IDR bonds and of course it will appreciate the IDR as well.
Short
by DiazAdrian
USDIDR will definitely determined by 2019 next electionI'm betting on Rupiah strengthened against dollar if Mr. Prabowo being elected in next 2019 president election and predicting Rupiah will go straight above 15K-ish if Mr. Jokowi continue to the second period. My ressistant and support is above. Mr. Prabowo x Mr. Sandi = Military x Businessman = IDR will be strengthened to 12K-ish Mr. Jokowi x Mr. Ma'aruf Amin = Businessman x Religious Leader = IDR will be weakened to 15K-ish Tradingview, Blockchaindedi 2:20 P.M - 1 September 2018, Indonesia.
by blockchaindedi
4