USDINR case study
USD INR 80.88
ELLIOT WAVE STUDY
Time frame :- Daily
Completion :- corrective wave 4
Unfold :- impulse wave 5
RSI :- Hidden bearish divergence with respect to price
Counter is on verge to mature its corrective wave 4 ,which as per ascending parallel channel have demand zone around 80.45 to 80.00 levels
once corrective wave 4 is completed , impulse wave 5 might unfold which might lead to levels of 81.9---82.9--83.9
view remains valid till counter manage to sustain above 79.6 on closing basis.
Time for bulls to take charge.
ELLIOT WAVE STUDY
Time frame :- Daily
Completion :- corrective wave 4
Unfold :- impulse wave 5
RSI :- Hidden bearish divergence with respect to price
Counter is on verge to mature its corrective wave 4 ,which as per ascending parallel channel have demand zone around 80.45 to 80.00 levels
once corrective wave 4 is completed , impulse wave 5 might unfold which might lead to levels of 81.9---82.9--83.9
view remains valid till counter manage to sustain above 79.6 on closing basis.
Time for bulls to take charge.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.