Short
USD/INR LOOKS BEARISH!
Hi,
Currency pair as mentioned in subject, if one looks at weekly price pattern it is bearish (after checking last swing high price moved further & it is confirmed by bearish candle)
Now if you look at 4 H TF, it looks like price is rush to check last swing high, might come down after checking same.
Now, if one look at 1 H TF, stock forming head & shoulder pattern, here also, stock might check latest resistance before moving further..(confirmation required before taking shot entry)
Thanks for reading!
Currency pair as mentioned in subject, if one looks at weekly price pattern it is bearish (after checking last swing high price moved further & it is confirmed by bearish candle)
Now if you look at 4 H TF, it looks like price is rush to check last swing high, might come down after checking same.
Now, if one look at 1 H TF, stock forming head & shoulder pattern, here also, stock might check latest resistance before moving further..(confirmation required before taking shot entry)
Thanks for reading!
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.