EURINR
4 Hourly Chart – After a decent downtrend, Price has made a Inverse Head & Shoulder Pattern. This gives signal for reversal of the trend.
Learning – How t0 Calculate Target for Inverse H&S Pattern?
(Target calculation will be done by the perpendicular distance between the head and the neckline and can be added to the neckline once breakout done)
Daily Chart – Price has made the rounding TOP Pattern. It has also started 3rd bull wave. It’s clearly indicating the start of the bull run.
Short term Targets- 73-75-77
Disclaimer
I’m not a SEBI Registered Investment Advisor. Above Views are only for Educational Purpose. Equity, Commodity & Currency Trading has large potential rewards, but also Large Potential Risk. You must be aware of the risk and willing to accept them in order to invest in the markets. Don’t trade with the money you can’t afford to lose. This page is neither a solicitation nor an offer to acquire/sell any script. Please consult your financial advisor to take appropriate investments as per your risk profile. The past performance of any investments is not an indication for future returns.
Leave a Reply