CURRENCY TRADE – PAIR EURINR

Quick Update on Currency Trade – Pair EURINR On Hourly Chart – Price has started making lower Highs & Lower Lows indicating the downtrend. “Head & Shoulder Pattern” clearly visible. Price has already broken the neckline. There is a Hidden Negative diversion also formed.My View is “Bearish” expecting the price to retrace to 71.75-71.60 levels … Continue reading “CURRENCY TRADE – PAIR EURINR”

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Currency Update – Pair AUDUSD

Update for Currency Traders Short Term View  On Daily chart – Price has made a lower low and lower high indicating “downtrend”.There is “bearish flag pattern” formed inside the channel. There is a “hidden negative divergence” also formed.So my view is “Bearish” expecting the price to retrace to 0.725 – 0.715 range. Below is the … Continue reading “Currency Update – Pair AUDUSD”

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ULTRATECH CEMENT LOOKING BEARISH

Ultratech Cement Has made a Shooting Star Candlestick Pattern at the Top of Weekly charts and RSI (14) also showing negative diversion. On Daily Charts of Ultratech Cement, Rising wedge was broken and there is also an RSI (14) Negative diversion. Now, Looking at the patterns made ON Weekly & Daily Chart I’m Expecting a short-term … Continue reading “ULTRATECH CEMENT LOOKING BEARISH”

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