EURINR Analysis 10.04.2020

10 באפר׳ 2020

EURINR
1M chart below shows that the price action is contained within the disjoint channel and major support and resistance areas


1W chart below indicates that recently the price was rejected when it tested the resistance at 84.3 and is under consolidation. Any close above the this resistance in 1W timeframe shall be bullish signal.


1D chart below implies that the price action is forming a triangle pattern.

Daily close above the triangle pattern shall test 84 to 84.3
Daily close below the triganle pattern shall target 80.7

Comments and debats are welcomed

14 באפר׳ 2020

הערה

Price rejected at resistance yesterday. Wait for today's candle to close.

17 באפר׳ 2020

עסקה פעילה

Position: Short
Reason: No buy momentum even above the triangle, uptrend line invalidated, and now the momentum is towards selling.

17 באפר׳ 2020

הערה

Last update was a premature entry. Not to be considered. Recommended to exit