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Usdinrshort

USD/INR sale nowHi everyone! USD/INR pair long was in one range, thereby a narisova a triangle. Now the price drew already 2/3 triangles. Therefore it is possible to expect it breakdown in the nearest future. I expect breakdown of a triangle down. Now the price is close to the upper bound of a triangle therefore the entrance to the transaction is safe. Stop loss can be delivered above a triangle, that is on breakdown up. I consider that the price as a result all the same will achieve the designated objectives (even at breakdown up and leaving up to 88). Technical indicators nap week and monthly schedules showed a turn long ago. So, I sold at the current price 82.53 with the purposes: TP1 = 80.91 TP2 = 79.05 Information provided is only educational and should not be used to take action in the market.
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by Yuriy_Kuznetsov
2
USDINR STRONG IMPORTANT LEVELHello friends, First, I love India and the Indian people. I made an analysis for the Indian rupee and I think it is on a very important level now. You see the huge rising channel, in which a small falling one is formed. I have indicated the important levels on monthly and weekly charts, which were just hit. We saw a strong rejection from these levels, which means that the price is struggling to fall down further. If the daily candle closes today with a bullish candlestick pattern, I drew the path upside. However, my opinion is that we would only make a price correction in order to break those levels and fall further. Downside levels are really strong and if those are broken we might see a massive crash of the price. I advise you to follow the fundamental analysis of the Indian economy because it is an integral part of this trade. I will also upload pictures under this trade in order to see closer daily candle and fibonacci levels. I will update this trade and follow it closely! This information is not a recommendation to buy or sell. It is to be used for educational purposes only. Namaste! I wish you all the best and bags of profits during the new year.
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by meriliness
USDINR Short 2HRTF based on 3 simle indicatorsIndicators: 200EMA Bollinger bands RSI Trade conviction: RSI Daily TF strength is declining Dear traders, I have identified chart levels based on my analysis, major support & resistance levels. Information shared by me here for educational purpose only. Please don’t trust me or anyone for trading/investment purpose as it may lead to financial losses. Focus on learning, how to fish, trust on your own trading skills and please do consult your financial advisor before trading. Please do review, analyse and share your comments as well. Let us work and win together. Wish you a very happy, healthy & profitable trading day ahead! Disclaimer: I have analysed the data based on my limited knowledge. Please don’t trust me for trading as it may lead to financial losses. Please consult your financial advisor before trading
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by mdferoz111903
1
USDINR USDINR faced resistance near the falling trendline from the 2020 top, it came close to touching it but turned lower, also hit has broken down recent support trendline too, another move to the bottom end of the triangle near 72.47 should develop, if this triangle is complete as presumed then we should break below 72.47, and that would be b d trendline and it can make it more bearish. Key Levels are Mentioned on chart Wave Structure Trendline breakdown Macd in daily negative and crossed under zero line Rsi in daily below 40 and down tick Lower bollinger band challenged in daily time frame Dmi adx also Negative ungli Disclaimer I am not sebi registered analyst My studies are Educational purpose only Consult with your Financial advisor before trading or investing
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by RK_Chaarts
USDINR ::: SHORTL O N G T E R M S I P T R A D E DATE: 20 MAY 2021 INSTRUMENT: USDINR TREND: SELL TIME FRAME: DAY CMP: 73.160 SELL BELOW: 73.118 STOP LOSS: 73.30 TGT 01: 73 TGT 02: 72.84 TGT 03: 72.70 TGT 04: 72.323 TGT 05: 72.70 DISCLAIMER: We are not S E B I registered analysts. Please consult your personal financial advisor before investing. We are not responsible for your profits/losses whatsoever. Leave a comment that is helpful or encouraging. Let's master the markets together.
UShort
by ajithchand-bhandaari
USDINR ::: SHORTRISK DISCLOSURE Futures and options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Trade with risk capital only. The past performance of any trading strategy or methodology is not necessarily indicative of future results. Past performance is no guarantee of future results and should not be interpreted as a forecast of future performance. We make no promise as to the performance of the account and while the investment objective is major capital appreciation over time no representation is being made or implied that any account will or is likely to achieve profit. The value of your investments can decrease as well as increase and, as such, funds invested should constitute risk capital. The risk of loss in trading commodities and options can be substantial. You should therefore carefully consider whether such trading is suitable for you in light of your financial condition. The high degree of leverage that is often obtainable in commodity trading can work against you as well as for you. The use of leverage can lead to large losses as well as gains. You should carefully consider whether your financial condition permits you to participate in futures trading. In so doing, you should be aware that futures and options trading can quickly lead to large losses as well as gains. Such trading losses can sharply reduce the value of your investment. All information provided on these pages is for fair use. Normal copyright protections apply to all commercial use of any documents or information. We are not responsible for any loss due to inaccuracies in the information provided. Nothing presented here should be construed as investment advice or recommendations.
UShort
by ajithchand-bhandaari
USD/INR short: section fast transactionsHi everyone! On the week chart USD/INR pair moves in an upside channel towards its lower bound. And also now the price overcame the important trend line down and tested it from below. Now some indicators indicate continuation of the movement down. Therefore I expect price movement down at least to two following supports (my purposes). Short on 73.3470 TP1 = 72.76 TP2 = 72.52 Information provided is only educational and should not be used to take action in the market. This section is intended for short-term speculation. Be ready to leave a position at any time.
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by Yuriy_Kuznetsov
Monthly Chart of USDINRMonthly Chart of USDINR: As seen from the Monthly Chart of USDINR, the currency is trading in the Rising Channel pattern since 2013 to till date. In the month of April-2020 the currency has hit the Upper part of Channel around the levels of 76.50-77.00 and retraced. The currency has formed a Shooting star Candlestick pattern around the resistance levels on Monthly chart. If this pattern is to hold then we may see appreciation in the Currency. 1st Support lies around the levels of 74.00-74.50 and if it is broken then 2nd support lies around the levels of 72.00-72.50. Resistance lies around the levels of 76.50-77.00 For educational purpose
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by OPTIONS-QUANT
1