Hari-Ram-Kumar
FX_IDC:GBPINR Statistics of info lines imply that the momentum is to the downside.
FX_IDC:GBPINR Last couple of weeks show mixed data with high momentum on both sides. The marked triangle is the area to be monitored for clues on direction. However aggressive trade decisions can be made as shown in below chart based on Last week high and low 1. Watch for the pattern formed within the price range with blue blue in Daily chart. 2. Follow...
FX_IDC:GBPINR 1W and 1D chart interpretation are analysed in linked idea: Continuation to 1W and 1D charts, 1H chart based trade setup is as follows Trade Setup: Time frame : 1H Position type: Long Entry: Upon price action retracing to "1H validated uptrend" line Target 1: Until close below "1H validated uptrend" line in 1H chart Stop loss: Below the future...
FX_IDC:GBPINR 1W chart interpretation: 1. Price action closed above the validated red resistance trend 2. Expected resistance around 98.0 3. Next support around 94.0 1D chart interpretation: 1. Validated current uptrend line is labelled as "1D current uptrend". Trade Setup: Time frame : Day Position type: Long Entry: Upon price action retracing to...
Daily chart interpretation FX_IDC:EURINR 1. Price action is predicted to be inside red downtrend channel. Yet the resistance line of channel is to be validated. 2. Resistance line of red channel shall be validated only upon price action breaking below the blue support line in correction. Trade setup: Time frame: Daily chart Trade: Sell Entry: Upon price...
FX_IDC:GBPINR Daily chart interpretation 04.01.2020 1. Trend is Bullish inside recent green channel. 2. Price inside the green channel is under correction. 3. Correction trend is predicted to be inside yellow channel or blue channel. 4. Yellow channel is conforming. 5. Blue channel is yet to be confirmed and can be deleted if not confirmed. 6. As it is...
FX_IDC:JPYINR BUY JPYINR STOP LOSS AS SHOWN IN CHART TARGET: UNTIL A LOWER LOW SPOTTED IN D1 CHART
FX_IDC:JPYINR Enter short and hold until a green HA candle in daily chart
FX_IDC:USDINR Enter short and hold until a blue HA candle is spotted in daily chart